We expect the Bank of England to raise interest rates two more times before pausing, and we do not anticipate any rate cuts this year. However, the markets are pricing in a terminal rate of 5.7%.
Looking ahead, we believe that widening terminal rate differentials between the United Kingdom and the US will support upside in the British Pound.
We maintain our year-end forecast for the GBP/USD pair at 1.30.
暫無評論，立馬搶沙發