FX Guys

Pound to Dollar Weekly Forecast: HSBC Revises to 1.23 by End 2025

March 16, 2025 – Written by Frank Davies

Many investment banks remain unconvinced over the UK outlook, but pound to Dollar (GBP/USD) exchange rate forecasts have generally been increased amid further doubts over the dollar.

One of the sceptics has been HSBC and its latest update it commented; “We continue to believe the BoE may cut by more than this and forecast GBP-USD to finish the year at 1.23. However, this is an upward revision to our prior forecast…
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