Currency converter gbp to usd chart: Pound-to-Dollar Rate Week Ahead Forecast: Possible Reversal On the Cards

“The sharp depreciation of the British Pound against the Euro in recent weeks has undoubtedly attracted some bargain hunters. However, we expect the usual political mayhem to continue after the summer recess,” says Marc-André Fongern, analyst at MAF Global Forex . “The currency is likely to remain particularly vulnerable in the coming weeks as Boris Johnson has repeatedly stressed that Britain might leave the EU without a deal. Boris will be forced to compromise, no doubt about it.”

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