December 22, 2024 – Written by Frank Davies
STORY LINK Pound to Dollar Rate 2025 Forecast: Plunge to 1.17 or Rally to 1.38?
Currency exchange strategists at Nordea forecast that the Pound to Dollar exchange rate (GBP/USD) will slide to 1.17 by the middle of 2025 which would be the lowest reading since November 2022.
Bank of America still expects GBP/USD to advance to 1.38 at the end of 2025.
Nordea expects relative growth rates will support the dollar and added; “There is also the potential for an even stronger dollar…
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