June 2, 2024 – Written by David Woodsmith
Leave a comment STORY LINK Pound to Dollar Exchange Rate Forecast: USD Tipped to Dominate Cable
Morgan Stanley currency strategists expect the dollar will continue to dominate markets with the Pound to Dollar (GBP/USD) exchange rate retreating to 1.24 at the end of 2024.
Bank of America, however, expects that GBP/USD will strengthen to 1.33 at the end of 2024.
The Pound to Dollar (GBP/USD) exchange rate hit 1.2800 during the week before settling with limited losses to 1.2730.
UK data releases were…
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