A wide range of policy outcomes and cyclical factors support further underperformance of Pound Sterling, warns Goldman Sachs.
The pound to euro exchange rate (GBP/EUR) is forecast to remain under pressure this week.
Bank of America has reduced its pound sterling forecasts, even as it insists the broader story for the UK economy is not as bad as markets have been making out.
Pound sterling could go lower, warn some foreign exchange strategists.
Horizon Currency Ltd
Albany House
14 Shute End
Wokingham
RG40 1BJ Companies House Registration: 11242368
Horizon Currency's payment and foreign currency exchange services are provided by:
1) Equals Connect Limited, registered in England and Wales (registered no. 07131446). Registered Office: Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. Equals Connect Limited are authorised by the Financial Conduct Authority to provide payment services (FRN: 671508).
2) Sciopay Limited Registered in England and Wales (registered no. 12352935). Registered Office: WeWork, WW Moor Place Limited, 1 Fore Street Avenue, London, EC2Y 9DTE. Sciopay Ltd is registered with the Financial Conduct Authority (927951).