March 3, 2024 – Written by Tim Boyer
STORY LINK Pound to Dollar Week Ahead Forecast: No Breakout yet
Currency exchange analysts at MUFG and ING both expect that the Pound to Dollar exchange rate (GBP/USD) will trade just above 1.30 at the end of 2024 as the dollar loses ground.
HSBC, however, expects GBP/USD to lose ground during the year.
GBP/USD was unchanged on the week close to 1.2650.
According to ING; “Continued investor interest in the carry trade should keep Sterling reasonably well bid. And given our medium-term fair value calculations that GBP/USD…
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