Danske Insists On Short Term Dollar Setback Buy GBP USD with Target of 1.33
Danske maintains a strategic view on the Pound to Dollar (GBP USD) exchange rate amid fluctuating economic indicators. The exchange rate recently dipped to a six-month low below 1.2500 in November but has staged a recovery to approximately 1.2650. Danske forecasts a bullish long-term outlook for the dollar despite potential short-term setbacks. The firm anticipates a solid opportunity to buy GBP USD, with a target set at 1.33, reflecting confidence in the currency pair’s potential rebound. Traders are advised to monitor these levels closely.
Newsletter
Get Every Weekly Update & Insights
[mc4wp_form id=]