GBP/USD seen higher at 1.4000 by end-2020 – Standard Chartered

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24 December 2019

GBP/USD seen higher at 1.4000 by end-2020 – Standard Chartered

Analysts at Standard Chartered Bank offer their price outlook on the pound heading into the next year.

"We still expect GBP strength. But with more volatility, a jagged upward path. Investors are concerned about "cliff-edge" Brexit risk, but this should decline. Political incentives do not support the risk of economic disruption. We sees GBP/USD at 1.38 by the end of Q3 2020 and at 1.40 by the end of 2020."

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