FX Guys

Pound to Dollar 2024-2025 Forecast: GBP/USD Exchange Rate to Gain to 1.35 Next Year

July 14, 2024 – Written by David Woodsmith

BNP Paribas expects the Pound to Dollar (GBP/USD) exchange rate to struggle in the short term, but expects gains to 1.35 at the end of next year.

RBC Capital Markets, however, expects a steady retreat to 1.23 at the end of this year with further losses to 1.19 at the end of 2025.

Pound sentiment has remained firm during the week while the dollar has come under pressure….
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