Pound to Dollar December 2023 Forecast: Tough Battle to Secure Further Gains

Pound to Dollar December 2023 Forecast: Tough Battle to Secure Further Gains
November 26, 2023 – Written by John Cameron

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Foreign currency analysts at ING and Unicredit both consider that Pound Sterling (GBP) gains against the US Dollar (USD) will be held to 1.28 at the end of 2024.

Investment banks overall see little upside scope for the Pound to Dollar exchange rate.

Those banks that expect the dollar to weaken also expect that the Pound will lose ground against the Euro.

The Pound, however, has…
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