March 24, 2024 – Written by David Woodsmith
STORY LINK Pound to Dollar Rate Forecast Next 6 Months: Goldman Sachs Raise to 1.33
Foreign exchange strategists at Goldman Sachs have increased their 6-Month Pound to Dollar exchange rate forecasts (GBP/USD) to 1.33 from 1.30 previously.
HSBC, however, sees a risk of a 5% decline from the recent peak just below 1.29.
GBP/USD posted significant losses during the week with a slide to 1-month lows at 1.2575 before consolidation around 1.26.
Increased market confidence that…
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