Forecasts for the British pound dollar change all the time, affected by news events and relative sentiment towards the UK economy. But in 2020, GBP exchange rates have been driven almost entirely by the effects of the Coronavirus pandemic rather than any fundamentals of the British economy.
What’s in this British pound forecast summary?
Forecasts for the British pound change all the time, affected by news events such the Coronavirus pandemic, Brexit negotiations and the relative sentiment towards the UK economy. This continually updated article reviews the latest forecasts from banks and FX experts as well as news and recent movements of GBP in the currency markets.
The coronavirus pandemic had replaced Brexit in the headlines for most of this year, however Brexit is back in the spotlight as the end-of-year deadline for a trade deal with the Eurozone fast approaches.
The following sections show a summary of bank forecasts for popular GBP cross rates that we have reviewed, where available you can view each article for a more details of the forecasts reviewed.
Read more about FX Broker and Bank analysts’ predictions for GBP to USD future trends in our blog article BER Review of GBP to USD Broker & Bank Forecasts.