Minutes of the UK Money Markets Code Sub-Committee – June 2026
Home Minutes of the UK Money Markets Code Sub-Committee – June 2026 Minutes of the UK Money Markets Code Sub-Committee – June 2026 The Money Markets Committee is a forum for market participants and authorities to discuss the UK unsecured deposits and funding market and securities
GBP/USD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Bank of America | Bearish | 1.2800 |
UOB | Bullish | 1.3445 |
UBS | Bullish | 1.3500 |
All 21 desk targets for GBP/USD
Desk synthesis pending
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Cross-firm research
GBP/USD Consensus Check: 1.35 Target, 0.23 Spread — Week of August 6, 2026
Cable trades at 1.3454 against a 21-firm median Dec-26 target of 1.35, leaving spot just 0.34% below consensus with a 0.23 dispersion range.
GBP/USD Consensus Check: Spot at 1.3454, Median 1.35 — Week of August 4, 2026
Cable trades within 34bp of the 21-firm median Dec-26 target of 1.35, masking a 0.23 range between Citi's 1.24 floor and Morgan Stanley's 1.47 ceiling.