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Berenberg raised its 2019 UK GDP forecast to 1.5% from 1.2% and forecast GBP/USD rising to $1.39 by mid-year and $1.44 by year-end. Economist Kallum Pickering also flagged Brexit-related downside risks, including a 20% chance of a hard Brexit.
The forecast implies a firmer pound against the dollar, though the stated Brexit risks could reverse the move.
exchangerates.org.ukElaine HoustenApr 30, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
