News with the tag "Pound Sterling"

The GBP/USD exchange rate is facing significant volatility due to political and fiscal risks in the UK, alongside global economic factors, making accurate forecasting challenging.

UBS has revised its pound forecast due to significant UK fiscal challenges, indicating a cautious outlook for the British economy and its currency.

UBS has an optimistic outlook for the GBP/USD pair, projecting it to reach 1.32 in the next 6 to 12 months due to expected monetary policy divergence between the UK and the US.