If the British pound to US dollar exchange rate at 1.25858 experiences a surge in the value of the dollar, it is anticipated that the rate will likely stabilize around 1.2500 due to strong backing from ING.

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If the British pound to US dollar exchange rate at 1.25858 experiences a surge in the value of the dollar, it is anticipated that the rate will likely stabilize around 1.2500 due to strong backing from ING.

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    Markets remain focused on upcoming announcements from the Fed Chair Jerome Powell and the ECB President Christine Lagarde. Economists at ING analyze GBP outlook ahead of the Jackson Hole conference.

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