Both domestic and external factors point to a weaker GBP ahead, in the view of economists at HSBC. The cyclical story is unlikely to provide much supp
Both domestic and external factors point to a weaker GBP ahead, in the view of economists at HSBC.As markets will slowly start to see the next move in UK rates being down, not up, we think that a shift in rate expectations could drag the currency.
Finally, unless and until there is a surge in risk appetite, supported by an improving global outlook, the challenging domestic forces will probably continue to weigh on the GBP.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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