Pound to Dollar Weekly Forecast: Target Extended to 1.33-1.34 say Analysts

Pound to Dollar Weekly Forecast: Target Extended to 1.33-1.34 say Analysts

March 9, 2025 – Written by David Woodsmith

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Foreign exchange strategists at Morgan Stanley have extended their Pound to Dollar exchange rate (GBP/USD) target to $1.33.

Bank of America analysts consider that the GBPUSD break higher this week is potentially very important and could pave the way for a test of 2024 highs above $1.34.

It has been a week of chaotic US drama amid with sharp dollar index losses (DXY) as…
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