Goldman Sachs raises GBP forecasts, predicts stronger sterling in 2024 ...Middle East

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Goldman Sachs raises GBP forecasts, predicts stronger sterling in 2024
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Goldman Sachs have ramped up their forecasts for GBP:their end of 2024 GBP/USD forecast is 1.34 (from 1.27)GS target 0.82 for EUR/GBPAnalysts at the bank have a supportive list for sterling:Resilient risk:"Markets have priced out US recession risk, benefiting risky assets and pro-cyclical currencies like Sterling"Ongoing Fed easing and US growthRate cut patience at the Bank of England This article was written by Eamonn Sheridan at www.forexlive.com.

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