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Goldman Sachs: We see Near-Term Risks to Sterling as Being More Balanced - eFXdata
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Goldman Sachs: We see Near-Term Risks to Sterling as Being More Balanced eFXdata
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Goldman Sachs Pound To Euro And Dollar Forecast: Sterling Outlook Skewed To The Downside - Exchange Rates Org UK
The desk views the outlook for the British pound as increasingly bearish against both the euro and the dollar, reflecting a consensus that is skewed to the downside. Per the full note from Goldman Sachs, the current economic indicators and market sentiment suggest a weakening of sterling, particularly as the Bank of England's (BoE) policy decisions come under scrutiny. The desk notes that the recent inflation data and growth forecasts have not provided sufficient support for a bullish stance on the pound. As such, we anticipate further downward pressure on GBP/USD and GBP/EUR in the near term.
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Pound Sterling Forecast: Why Goldman Sachs Remains Constructive On GBP - Exchange Rates UK
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