November 10, 2024 – Written by Frank Davies
STORY LINK Pound to Dollar Week Ahead Forecast: Trump trades dominate GBPUSD
ING has upgraded its dollar forecasts following the US Presidential election and now has an end-2025 Pound to Dollar (GBP/USD) exchange rate forecast of 1.24.
MUFG added; “the bullish implications for the US dollar from a Trump victory and likely Red Sweep will cap further upside for cable beyond the 1.3000-level.”
According to ING; “A Trump win is clearly bullish for the dollar – but the…
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