FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 38 institutional desks. No promotion.
The story here is energy, not the rate decision itself. British natural gas and Brent crude have jumped nearly 20% this month on the back of the Iran war, the same driver that pushed the Fed to hike a day earlier and has already moved the ECB. That leaves sterling and UK rates ma
| Firm | Stance |
|---|
| YE 2026 |
|---|
Barclays | Bullish | 1.4100 |
Goldman Sachs | Bullish | 1.3600 |
UOB | Bullish | 1.3700 |
All 19 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 1.3206, sitting 2.54% below the 20-firm median Dec-26 target of 1.355, with a 0.26-point dispersion that reflects genuine disagreement on BoE-vs-Fed timing.
Cable trades 2.33% below the 20-firm median Dec-26 target of 1.355, with a 0.26-point spread separating UBS at 1.50 from Citi at 1.24.
Cable trades at 1.3234 against a 20-firm median Dec-26 target of 1.355, a 2.33% gap that reflects divergent BoE-vs-Fed rate path assumptions.
19 investment banks see GBP/USD at 1.3533 by Dec 2026
View the live GBP/USD forecast