August 26, 2024 – Written by John Cameron
STORY LINK Pound to Dollar Week Ahead Forecast: Positive Sterling Sentiment Dominates
Bank of America (BoA) forecasters expect that the Pound to Dollar (GBP/USD) exchange rate will strengthen to 1.35 at the end of 2024 with further gains to 1.41 at the end of next year.
According to BoA, GBP/USD has rallied through resistance from its long-term downtrend twice this summer implying a trend change.”
Danske Bank expects that GBP/USD exchange rate will hold steady in the short term…
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