How do you think GBP/USD will fare in 2016?
Weak! I think a rate cut or two is more likely given that CPI hasn't really been picking up.
Weak! I don't think rate hike expectations (or otherwise) will be that big of a factor, though.
Strong! Rate hike expectations by 2017 are gonna ramp up demand for the pound, I tell ya!
Strong! We're gonna get a rate hike in 2016! You'll see, old chap.
Uh, essentially unchanged?
I don't really have an opinion at the moment, my good FX-Man.
I think the Greenback's strength (or weakness) will be the main driver for GBP/USD's forex price action.
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