GBP/USD seen higher at 1.4000 by end-2020 – Standard Chartered

Dhwani Mehta FXStreet

Analysts at Standard Chartered Bank offer their price outlook on the pound heading into the next year.

Key Quotes:

“We still expect GBP strength.

But with more volatility, a jagged upward path.

Investors are concerned about "cliff-edge" Brexit risk, but this should decline - Stan Chart say political incentives do not support the risk of economic disruption.

Sees GBP/USD at 1.38 by the end of Q3 2020.

And at 1.40 by the end of 2020.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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