FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 38 institutional desks. No promotion.
Barring a major surprise, there should not be too much suspense over the headline decision from the BOE later today. The central bank is widely expected to keep the bank rate at 3.75%, as markets are also pricing in nearly 80% odds of that outcome. The more interesting question i
| Firm | Stance | YE 2026 |
|---|
Rabobank | Bearish | 1.3300 |
ING | Neutral | 1.3500 |
MUFG | Bullish | 1.4000 |
All 20 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 sits 1.09% below the 20-firm median Dec-26 target of 1.35, with a 0.26-point dispersion that reflects sharply divided BoE-vs-Fed rate paths.
Cable trades at 1.3396, roughly 0.77% below the 20-firm median Dec-26 target of 1.35, with a 0.26-point dispersion that reflects deep disagreement on the BoE-Fed rate path.
On 2026-11-04, the Bank of England raised its policy rate to 4.00% from 3.75%. Here is where the major banks now see the currency heading.
20 investment banks see GBP/USD at 1.3508 by Dec 2026
View the live GBP/USD forecast