Pound Sterling: Bullish bias building up in six months – Goldman Sachs GBPUSD Currencies EURGBP Banks BOE
"We no longer look for idiosyncratic GBP weakness, as investor sentiment on the fiscal side has improved meaningfully, and are updating both our 6- and 12-month EUR/GBP forecasts to 0.88 but keep our 3-month forecast unchanged at 0.89 because BoE dovishness could continue for a bit longer.”
"We would consider turning even more positive on GBP if we became confident in a revised approach from the BoE." Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Goldman Sachs' Marco Argenti explains how bank is using generative AIGoldman Sachs is exploring use cases for large language models, the same AI fueling ChatGPT. Here's 3 areas where the bank is experimenting with the tech.
Lire la suite »
Goldman Sachs says generative A.I. could impact 300 million jobs — here's which onesArtificial intelligence could automate up to a quarter of work in the U.S., a Goldman Sachs report says. Here's the most affected sectors and countries.
Lire la suite »
Goldman Sachs scraps plan to buy private jet equipped with a shower: sourceThe firm declined to exercise an option to upgrade either its Gulfstream G280 or its G650ER, Insider reported.
Lire la suite »
Generative AI could affect 300 million full-time jobs, Goldman SachsAI systems like ChatGPT could impact 300 million full-time jobs worldwide, with administrative and legal roles some of the most at risk, Goldman Sachs report says
Lire la suite »
Goldman Sachs names Michael Marsh as EMEA financing group head - memoGoldman Sachs Group Inc is shaking up the leadership ranks at its global financing group after the Wall Street bank merged its investment banking and trading business into a single unit.
Lire la suite »
British Pound Latest: GBP/USD Squeezes Higher as Risk Sentiment ImprovesFinancial markets received an early boost Monday after US bank First Citizen BancShares revealed that it had bought failed US lender Silicon Valley Bank. Get your market update from nickcawley1 here:
Lire la suite »