FX Guys

Pound to Dollar Week Ahead Forecast: "Sterling Poised for Strength in April"

April 1, 2024 – Written by David Woodsmith

Bank of America analysts notes positive calendar effects for the Pound Sterling in April

It added; “Supported by favorable carry trades and a benign risk environment, GBP is poised for strength in April, benefiting from seasonal trends. It sees scope for GBP/USD to strengthen to 1.30 in April.

ING has a year-end GBP/USD forecast of 1.30, but expects a struggle to move above…
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