The PLN to GBP exchange rate presents a bearish outlook. Key drivers include the interest rate differential, as the National Bank of Poland has cut rates amid stable inflation and notable GDP growth, while the Bank of England is also expected to lower rates as inflation slows.
Moreover, Poland's strong growth projections and expected fiscal challenges in the UK may exert further pressure on the pound. The current rate of PLN to GBP at 0.2060 is slightly below its three-month average, trading within a narrow range recently.
In the near term, the exchange rate is anticipated to fluctuate within a stable range, reflecting the economic activities and interest rate alterations in both countries. An upside risk could emerge from improved UK fiscal conditions supporting the pound, while renewed concerns over Polish economic stability could pose a downside risk for the zloty.