# Goldman Sachs adjusts its forecast for the pound-dollar exchange rate to 50 pounds

> Goldman Sachs revised its Egyptian pound forecast, projecting the dollar at 53 pounds in three months, 52 in six months and 50 in 12 months. It said the revisions reflect recent exchange-rate moves and its expectation that the pound will remain closely linked to oil prices, while maintaining a positive view on the Egyptian currency.

- Date: 2026-11-06 · published 2026-11-07T00:15:34.903Z
- Category: macro · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/85098-goldman-sachs-adjusts-its-forecast-for-the-pound-dollar-exchange-rate-to-50
- Commodities: [Egyptian Pound (EGP per USD)](https://feedsoft.ai/c/USDEGP.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A stronger pound could reduce the local-currency cost of imported feed and agricultural inputs, all else equal. The forecast also links Egypt’s currency outlook to oil prices, which affect import costs and broader inflation.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- USDEGP: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2020-04-28 | [2020-2022 Exchange Rate Forecasts: Pound-Dollar And Euro-Pound To Rise As USD Losses To Prevail](https://feedsoft.ai/events/53874-2020-2022-exchange-rate-forecasts-pound-dollar-and-euro-pound-to-rise-as-usd.md) | +65.3% | +179.6% |
| WTI | 2017-01-31 | [FED Disapointment Sees The US To Canadian Dollar Exchange Rate Slide](https://feedsoft.ai/events/73225-fed-disapointment-sees-the-us-to-canadian-dollar-exchange-rate-slide.md) | +0.7% | +2.6% |
| WTI | 2018-05-31 | [Oil Price Slides, Canadian Dollar Exchange Rates Side With It \| Exchange Rates UK](https://feedsoft.ai/events/65244-oil-price-slides-canadian-dollar-exchange-rates-side-with-it-exchange-rates-uk.md) | -5.1% | +11.1% |
| WTI | 2018-10-23 | [Canadian dollar shakes off plunge in oil as investors brace for BoC rate hike - The Globe and Mail](https://feedsoft.ai/events/62779-canadian-dollar-shakes-off-plunge-in-oil-as-investors-brace-for-boc-rate-hike.md) | -3.2% | -17.6% |
| WTI | 2020-04-03 | [Canadian dollar forecasts slashed, bracing for recession \| Financial Post](https://feedsoft.ai/events/53865-canadian-dollar-forecasts-slashed-bracing-for-recession-financial-post.md) | -9.4% | -19.0% |
| BRENT | 2018-05-31 | [Oil Price Slides, Canadian Dollar Exchange Rates Side With It \| Exchange Rates UK](https://feedsoft.ai/events/65244-oil-price-slides-canadian-dollar-exchange-rates-side-with-it-exchange-rates-uk.md) | -3.1% | +0.2% |
| BRENT | 2018-12-01 | [Rupee gains past 70 a dollar for first time in 3 months: 5 things to know](https://feedsoft.ai/events/62320-rupee-gains-past-70-a-dollar-for-first-time-in-3-months-5-things-to-know.md) | +6.0% | -10.4% |
| BRENT | 2017-06-29 | [Oil market needs deeper OPEC cuts to rebalance – Goldman Sachs — Octa](https://feedsoft.ai/events/70657-oil-market-needs-deeper-opec-cuts-to-rebalance-goldman-sachs-octa.md) | +1.7% | +7.8% |

## Sources

- masrawy.com: https://www.masrawy.com/news/news-banking/details/2026/11/7/3074806/%D8%AC%D9%88%D9%84%D8%AF%D9%85%D8%A7%D9%86-%D8%B3%D8%A7%D9%83%D8%B3-%D9%8A%D8%B9%D8%AF%D9%84-%D8%AA%D9%88%D9%82%D8%B9%D8%A7%D8%AA%D9%87-%D9%84%D8%B3%D8%B9%D8%B1-%D8%B5%D8%B1%D9%81-%D8%A7%D9%84%D8%AC%D9%86%D9%8A%D9%87-%D8%A3%D9%85%D8%A7%D9%85-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%A5%D9%84%D9%89-50-%D8%AC%D9%86%D9%8A%D9%87-%D8%A7-%D8%AE%D9%84%D8%A7%D9%84

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