How have interest rate expectations changed after this week's events?
GBP/USD — All Desk Targets
18 desks
| Firm | Stance | YE 2026 |
|---|---|---|
Bank of America | Bullish | 1.3700 |
Scotiabank | Bullish | 1.3600 |
UOB | Bullish | 1.3700 |
All 18 desk targets for GBP/USD
From the original
Rate hikes by year-end RBA: 40 bps (97% probability of rate hike at the next meeting) 2027: 58 bps BoE: 38 bps (65% probability of rate hike at the next meeting) 2027: 103 bps ECB: 35 bps (57% probability of no change at the next meeting) 2027: 83 bps BoC: 34 bps (58% probability