December 15, 2024 – Written by David Woodsmith
STORY LINK Pound to Dollar Rate December Forecast: 2025 – a Year of Uncertainty
Currency exchange strategists at ING Bank forecast that the Pound to Dollar exchange rate (GBP/USD) will remain on the defensive during 2025 and trade at 1.24 at year-end.
After initial weakness, MUFG expects a GBP/USD rally to 1.30 at the end of 2025.
The latest GDP data was weaker than expected which triggered fresh doubts over the outlook and Bank of England policy. With a firm dollar…
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