Sterling to roar back in 2018 – NatWest Markets

As Brexit uncertainty fades, the undervalued currency will gain ground against its peers

Sterling-market
Sterling shine: NatWest Markets expects an underpriced pound to appreciate in 2018

CLICK HERE TO DOWNLOAD THE PDF

The pound is set to outperform the euro and the dollar in 2018, as uncertainty around the UK’s Brexit negotiations fades, says Paul Robson, a senior FX strategist at NatWest Markets.

“We have long thought sterling’s prospects were better than the consensus suggested, with our long-held view being GBP/USD would recover to 1.30/1.35 during 2017,” he says.

Robson believes sterling has scope to positively surprise the consensus in 2018.

“For all the discussion

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: