GBP/USD seen at 1.4100 heading towards Brexit - Reuters poll

According to the latest Reuters poll of fifty analysts, conducted between June 1^st and 6^th, a majority of them expect the GBP/USD pair moving northwards heading towards Brexit next March.

Key Findings:

GBP/USD seen higher by 5 percent at $1.41 in 12 months versus $1.42 seen in May poll)

EUR/GBP seen at 88.0 pence in 12 months versus 88.3p in May poll.

In a month, Cable will be at $1.33 while at $1.35 in six months.

Analysts at ING noted: “Although more recent GBP-specific ebbs and flows have been driven by the sharp re-pricing of Bank of England policy expectations, we expect the focus for the pound over summer to shift back to Brexit politics.”