# Pound To Dollar Forecast - Recommendations To Buy GBP/USD Exchange Rates?

> 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.

- Date: 2019-04-30 · published 2019-04-30T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/59848-pound-to-dollar-forecast-recommendations-to-buy-gbp-usd-exchange-rates
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The forecast implies a firmer pound against the dollar, though the stated Brexit risks could reverse the move.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/25624/2019-may-pound-to-dollar-forecast-review-buy-dips-as-hard-brexit-uncertainty-subsides.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.