February 9, 2025 – Written by Frank Davies
STORY LINK Pound to Dollar FX Predictions: GBP/USD to Slide to 1.20 say Analysts
Foreign exchange analysts at MUFG expect that trade tensions and US pressures will trigger further dollar gains in the short term with the Pound to Dollar (GBP/USD) exchange rate sliding below 1.20.
It does, however, expect a strong recovery to 1.30 at the end of 2025.
Danske Bank has a 12-month GBP/USD forecast of 1.22.
GBP/USD slumped to 1.2250 on the threat of US tariffs before…
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