GBPUSD Forecast Poll 2017: Bearish fade expected on Brexit, Trump dominating action

GBPUSD Forecast Poll Dot Plot Chart

GBPUSD Forecast Poll 2017

GBPUSD Forecast Poll 2017

Analyst 3 Months 6 Months 1 Year
Brad Gilbert 1,2850 1,2200 1,1700
David Cheetham 1,2000 1,1800 1,1500
Elliott Wave Forecast 1,1500 1,3000 0,9700
Growth Aces 1,2700 1,2900 1,3500
Haresh Menghani 1,2000 1,1700 1,1900
James Chen 1,2000 1,1800 1,1600
JFD Brokers _ _ _
Juan José del Valle 1,2000 1,2200 1,3000
Lukman Otunuga 1,1900 1,1750 1,1500
Mark de la Paz 1,2000 1,2300 1,2700
Markus Gabel 1,1922 1,2861 1,4600
Nenad Kerkez 1,2500 _ _
Przemyslaw Kwiecien 1,2350 1,2000 1,2700
Scott Barkley 1,1850 1,1177 1,0875
Thomas Light 1,2000 1,1800 1,2100
Valeria Bednarik 1,1850 1,1500 1,1000
Yohay Elam 1,1500 1,1700 1,1200
Medium Forecast 1,2058 1,2046 1,1972
Median Forecast 1,2000 1,1800 1,1700
Std-Desviation 0,0362 0,0515 0,1153
R-Coefficient 0,0301 0,0437 0,0986
Bullish 2 3 5
Sideways 2 2 0
Bearish 12 10 10

Featured Expert

Haresh Menghani: "Extended uncertainty over the Brexit negotiation process and possibilities of second Scottish independence referendum leaves the pair vulnerable to continue with its weakening trend"

GBPUSD Bull Lines

Juan José del Valle: "Relative strength USD in short term, soft Brexit in medium term"

Markus Gabel: "Fell so deep and has a lot of space for rebound"

Przemyslaw Kwiecien: "We hold our view that the UK economy will do better than has been generally assume. However it may take a turnaround on the USD dollar to lift the cable higher"

GBPUSD Bear Lines

David Cheetham: "Further weakness in the pound as Brexit negotiations wrangle on. USD continues to rise on continuation of recent moves"

Lukman Otunuga: "The ongoing Brexit woes have dented investor attraction towards the Sterling. Pound weakness should remain a dominant theme in 2017 with sellers exploiting the technical bounces to send prices lower. The floodgates could be broken below 1.2200"

Thomas Light: "It's all about the 'B' word of course though Europe will be preoccupied with elections whilst Britons will keep calm and carry on…"

Yohay Elam: "The pound could suffer Brexit pressure throughout the year, when reality begins biting, something that hasn't happened so far"

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Analysis feed

FXStreet Trading Signals now available!

Access to real-time signals, community and guidance now!

Latest Analysis

Latest Forex Analysis

Editors’ Picks

EUR/USD stabilizing as US coronavirus cases continue to climb

EUR/USD is trading around 1.1250, pressured amid concerns about the spread of coronavirus in the US. Traders are digesting the upbeat Non-Farm Payrolls figures already out ahead of the long US weekend. 


GBP/USD attempting a bounce amid thin liquidity

GBP/USD is closer to 1.25, off the lows. Top-level EU-UK Brexit talks have been postponed until next week amid disagreements. The UK is continuing to reopen while US coronavirus cases are surging. 


Bitcoin must endorse the time of Ethereum has come

The crypto market remains in a choke point, and after signs of a possible upward shift yesterday, the market was once again disappointed to see Bitcoin in the low range of the $8900 to $9000 choke point.

Read more

Gold: There is a bearish signal on the 4-hour chart

Price action has been slow on Friday due to the bank holiday in the US as the nation celebrates independence day. This week has been an interesting one as there has been some good economic data but some very bad coronavirus news in the US. 

Gold News

S&P 500: Futures struggle to refresh two-week top

S&P 500 Futures prints mild loss of 0.10% while declining to 3,126 during the initial hour of Tokyo session on Friday. In doing so, the risk barometer fails to extend the previous four-day winning streak.

Read more

Forex Majors