March 10, 2024 – Written by David Woodsmith
Leave a comment STORY LINK Pound to Dollar Week Ahead Forecast: Buy the Dip
Goldman Sachs expects that the Bank of England, Federal Reserve and ECB will all cut rates in June with the Pound to Dollar exchange rate (GBP/USD) strengthening to 1.35 on a 12-month view.
According to HSBC the Pound will eventually lose ground; “We think that the main driver of the likely weakness for the GBP is the slow but clear pivot by the BoE towards a more dovish stance.”
The Pound to Dollar (GBP/USD) exchange rate posted significant gains during the week…
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