Pound Sterling: Bullish bias building up in six months – Goldman Sachs GBPUSD Currencies EURGBP Banks BOE
"We no longer look for idiosyncratic GBP weakness, as investor sentiment on the fiscal side has improved meaningfully, and are updating both our 6- and 12-month EUR/GBP forecasts to 0.88 but keep our 3-month forecast unchanged at 0.89 because BoE dovishness could continue for a bit longer.”
"We would consider turning even more positive on GBP if we became confident in a revised approach from the BoE." Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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