FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 36 institutional desks. No promotion.
Bank of England Chief Economist Huw Pill is speaking and says: My own response has pointed to a need to raise Bank Rate to 4%. Raising Bank Rate on this basis need not be the start of a prolonged and aggressive series of increases. A prompt increase in Bank Rate may serve to head
| Firm | Stance | YE 2026 |
|---|
Goldman Sachs | Bullish | 1.3600 |
J.P. Morgan | Bearish | 1.2800 |
UOB | Bullish | 1.3700 |
All 21 desk targets for GBP/USD
Desk synthesis pending
We’re writing the institutional analysis for this note — multi-section body, firm-by-firm alignment chips, key takeaways, market implications, risks. The synthesizer processes the queue hourly, with priority by citation density.
In the meantime, the most useful reads are the related coverage below — it reaches the same substance from different angles.
How we cover this story
Cable trades at 1.3501 with the 21-firm median Dec-26 target also at 1.35, masking a 0.23 spread between Morgan Stanley's 1.47 bull case and Citi's 1.24 bear.
Cable trades at 1.3545 with the 21-firm median Dec-26 target at 1.35, leaving spot just 0.33% above consensus amid a 0.23-figure dispersion range.
Cable trades within 0.26% of the 21-firm median Dec-26 target of 1.35, masking a 0.23-wide dispersion that reflects a live BoE-vs-Fed rate debate.
21 investment banks see GBP/USD at 1.3525 by Dec 2026
View the live GBP/USD forecast