Sunday, January 29, 2023
Home News Foreign exchange Information Goldman Sachs Forecasting GBP/USD To 1.05, Citing Fundamentals, & A “tough” Coverage Combine | Forexlive

Foreign exchange Information Goldman Sachs Forecasting GBP/USD To 1.05, Citing Fundamentals, & A “tough” Coverage Combine | Forexlive

by Robert PARSONS
0 comment
forex-news-goldman-sachs-forecasting-gbp/usd-to-1.05,-citing-fundamentals,-&-a-“difficult”-policy-mix-|-forexlive

Eamonn Sheridan - WatanNews

This by way of the parents at eFX.

For financial institution commerce concepts, check out eFX Plus. For a restricted time, get a 7 day free trial, fundamental for $79 per 30 days and premium at $109 per 30 days. Get it here.

Goldman Sachs maintains a bearish bias on GBP/USD into year-end.

  • “This week will current an additional check for Sterling, because the Financial institution’s momentary buy program expires and policymakers appear prone to sign that at the very least for now they nonetheless count on to start winding down the stability sheet on the finish of the month,” GS notes.
  • “General, we expect the momentary Sterling energy was principally as a consequence of some aggressive, short-term Sterling demand, whereas over the following few months macro fundamentals and a tough coverage combine are prone to lead the Pound again to the lows. We preserve our 3m GBP/USD forecast of 1.05,” GS provides.

ADVERTISEMENT – CONTINUE READING BELOW

You may also like

logo-white

Soledad is the Best Newspaper and Magazine WordPress Theme with tons of options and demos ready to import. This theme is perfect for blogs and excellent for online stores, news, magazine or review sites. Buy Soledad now!

u00a92022 Soledad, A Media Company – All Right Reserved. Designed and Developed by Penci Design

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy