• GBP/USD to drop into the 1.2800/1.2850 area in the coming days – ING

Noticias del mercado

20 julio 2023

GBP/USD to drop into the 1.2800/1.2850 area in the coming days – ING

Economists at ING analyze GBP outlook.

GBP volatility should remain elevated

The question of whether the Bank of England will hike by 25 bps or 50 bps remains open. We are in the 25 bps camp while markets are pricing in 35 bps, close to a 50/50 split. 

Volatility in the Pound should remain elevated. 

We continue to favour a weaker GBP/USD into the 1.2800/1.2850 area in the coming days but are less convinced of EUR/GBP upside potential into the FOMC and ECB risk events next week.

 

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: