FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 37 institutional desks. No promotion.
Sterling is trading on edge in early sessions as Westminster chatter intensifies around a possible leadership change in Downing Street. The prospect of Burnham succeeding Starmer revives the same fiscal discipline concerns that have weighed on gilts and the pound through recent b
| Firm | Stance |
|---|
| YE 2026 |
|---|
BNP Paribas | Neutral | 1.3500 |
UBS | Bullish | 1.5000 |
UOB | Bullish | 1.3700 |
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 trades 1.72% below the 20-firm median Dec-26 target of 1.36, with a 0.26-point dispersion that reflects sharply divided BoE-vs-Fed rate paths.
Cable trades 1.51% below the 20-firm median Dec-26 target of 1.36, with a 0.26-point spread from Citi's 1.24 floor to UBS's 1.50 ceiling.
Cable trades 1.51% below the 20-firm median Dec-26 target of 1.36, with a 0.26-point dispersion signalling deep disagreement on the BoE-Fed divergence trade.
20 investment banks see GBP/USD at 1.3621 by Dec 2026
View the live GBP/USD forecast