GBP/USD could consolidate back above 1.27 by year-end

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GBP/USD could consolidate back above 1.27 by year-end
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The British Pound (GBP) underperformed as pillars of bullish momentum have evaporated. Economists at ANZ Bank analyze Sterling’s outlook. Momentum fal

The British Pound underperformed as pillars of bullish momentum have evaporated. Economists at ANZ Bank analyze Sterling’sIf the September meeting has seen the conclusion of the BoE’s tightening cycle, this could allow the GBP/USD pair to consolidate back above 1.27 by year-end as the UK economy recovers.

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