04 May 2017 "Aggressive" Upgrades to Pound Sterling Forecasts Announced at ING

The world’s largest and most influential financial service institutions continue to tear up their old assumptions on the Pound’s outlook and scribble down new numbers.

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03 May 2017 BofAML Upgrade Forecasts for British Pound v Euro and Dollar but Longer-Term Equilibrium Still Seen Lower

The Pound tends to outperform in April, but underperform in May and ahead of general elections. Weakness over coming weeks could therefore be expected.

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02 May 2017 Think Again, it's a Harder Brexit and Weaker Pound Sterling on a Bigger Conservative Majority says one Analyst

The assumption has been that the June election will lead to a better deal with Europe and consequently a strong Pound, but not all analysts agree. 

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02 May 2017 UK Manufacturing Surges in April as Domestic Orders Grow, Pound Edges Higher

A major barometer of Manufacturing activity in the UK, the Purchasing Manager Index, showed a marked gain on Tuesday after it rose to a three-year high of 57.3 in April from 54.2 in the month befor…

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30 April 2017 The Pound to go Higher in 12 Months, but Beware the Dip First

The “key pillar of GBP bearishness is cracking,” say BMO Capital Markets.

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27 April 2017 British Pound hits Fresh Highs on Renewed Global Risk Aversion

Pound Sterling is in demand on Thursday, April 27 amidst a broad-based aversion to risk amongst global investors.

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25 April 2017 Deutsche Bank Release Upgraded Forecasts for Pound vs Dollar and Euro, Shows Outlook Finely Balanced

Putting it all together, Deutsche Bank’s new Sterling forecast reflects a more optimistic view of the Brexit endgame, but not of Sterling fundamentals.

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