Bank of England to Cut Rates February: Goldman Sachs - Pound Sterling LIVE
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Bank of England to Cut Rates February: Goldman Sachs Pound Sterling LIVE
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Goldman Sachs Pound To Dollar Forecast: Sharp Moves Lower On BoE Easing Decision - Exchange Rates Org UK
The desk anticipates significant downward pressure on the GBP/USD pair following the Bank of England's (BoE) potential easing decision, as highlighted in recent commentary from Goldman Sachs. Per the full note, the expectation of a shift in monetary policy could drive the pound lower, with forecasts suggesting a target around 1.075. This outlook contrasts with the current consensus, which remains more optimistic, particularly given the absence of high-impact events on the calendar that could sway sentiment in the near term.
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