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Pound To US Dollar July Outlook: 1.335 Next Say UOB Analysts

From exchangerates.org.uk

FX strategists at UOB are forecasting the Pound (GBP) to climb to 1.3335 against the U.S. Dollar (USD) in their latest near-term currency outlook. At the time of writing, the Pound to Dollar exchange rate is trading at $1.31201, having secured a 1% gain on Thursday. Pound (GBP) Exchange Rate Expected to Rally Further From Here Market strategists are forecasting a strong and potentially prolonged rally for the British Pound (GBP) against the US Dollar (USD). Quek Ser Leang, a Markets Strategist at UOB, and Shaun Osborne, the Chief FX Strategist at Scotiabank, both project positive prospects for GBP/USD, albeit for ... (full story)

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