It's Forex Forecast Friday (a day early)

Forex Forecast Thursday doesn't fit quite as well ;-)

The Reuters lot have been asking their merry pollsters for their FX forecasts,

GBPUSD

  • 1.2400 1 month, 1.2200 3 month, 1.2200 6 month, 1.2300 12 months (vs 1.2300, 1.2100, 1.2000 & 1.2100 in March poll)

  • GBP to fall to 1.1700 if Brexit negotiations turn ugly

  • GBP to rise to 1.30 if they go swimmingly

EURGBP

  • 0.8600 1m, 0.8700 3m, 0.8800 6m, 0.8800 12m (Prior 0.8500, 0.8600, 0.8600, 0.8700)

USDCAD

  • 1.3400 1m, 1.3500 3, 6 & 12m (prior 1.3280, 1.3500, 1.3500, 1.3600)

We can probably assume that the rest of the majors will follow soon.

investingLive Premium
Telegram Community
Gain Access