January 28, 2024 – Written by Frank Davies
STORY LINK Pound to Dollar Rate Week Ahead Forecast: Waiting for a Break
ING’s central case for the Bank of England (BoE) policy meeting is that the Pound to Dollar exchange rate will trade at 1.2700 with a possible range of 1.2650-1.2850 depending on the rate split and forward guidance.
According to Scotiabank, the broader 1.26/1.2825 range for GBP/USD remains intact.
GBP/USD was held in narrow ranges during the week and settled just above 1.2700. The Federal Reserve and BoE policy decisions will be…
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