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What is the pound-to-dollar exchange rate forecast?

In six months the Pound-to-Dollar exchange rate is forecast to trade at 1.2848 (Q4 2024), 0.68% higher compared to today's price. In nine months the expected rate is at 1.2747 (Q1 2025), 0.11% lower. Longer-term outlook: Is the Pound going to strengthen or weaken against the Dollar in the coming years?

What is the FXstreet forecast poll about GBP/USD (pound US dollar)?

The FXStreet Forecast Poll about GBP/USD (Pound US Dollar) is a sentiment tool that highlights our selected experts' near and medium term mood and calculates trends according to Friday's 15:00 GMT price. This chart informs about the average forecast prices, and also how close (or far apart) sit the numbers from all participants surveyed that week.

What will drive the GBP/USD price action next year?

On both sides of the Atlantic, increased odds of a recession, a dovish pivot in the monetary policies and general elections are foreseen as the key factors driving the GBP/USD price action next year, barring any unprecedented geopolitical risks. Read more details about the forecast .

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