Pound Sterling could rebound against the Dollar if today's U.S. inflation data meet or undershoot expectations. However, any gains will likely be limited ahead of next month's U.S. election.
Pound to Dollar Forecast Survey Shows the Big Investment Banks Have Raised Targets for Year-end
- Category: USD
The big banks have raised their forecasts for the Pound against the Dollar into year-end.
Pound Sterling's decline against the Dollar is not a mere correction and looks set to run for at least half a year.
The Pound to Dollar exchange rate fell 2.0% last week and still looks heavy, but a limited rebound is possible in the coming days.