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Pound-to-US Dollar Rate To Extend Gains To 1.45 By June 2021 Say NAB: Pound Sterling Forecast
The British Pound to Dollar (GBP/USD) is forecast at 1.4500 for June 2021 and 1.50 for December. Foreign exchange analysts at NAB expect that a strong UK recovery on the back of its vaccination programme will provide a net Pound Sterling boost over the next few months, although it also notes that this is conditional on the UK avoiding a renewed increase in spikes. NAB details the UK vaccine programme and notes that the UK is now at a critical phase. Overall it adopts an optimistic stance on the programme, especially as the UK will have a stockpile of 400mn doses from six sources by the middle of 2021. After a row ... (full story)
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