Poll Suggests Sterling Will Bounce Back – 9 May, 2018
A Reuters poll of foreign exchange strategists predict the pound will bounce back within the next year to pre-Brexit levels. The pound fell to four month lows when a thought to be certain May interest rate hike is leaning more towards being put on hold. The 12-month forecast predicts that the euro will be worth 88.3 pence, while it is currently worth 87.4 pence.