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What is your forecast for the pair $ - € Reward $2
Created by kmakoynohupa, 1617 days ago, 3684 views

What is your forecast for the pair $ - €??
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brendaniel1617 days ago

At the present rate of GBP to the USD I will forecast for the months of December 2016, January, February 2017, the current exchange rate is 1.27 US Dollar to one Great Britain pound, here is my forcast:

GBP to USD forecast for December 2016.
The exchange rate for beginning of December 1.25. Maximum rate 1.34, while minimum 1.25. Averaged rate for month 1.29. The forecast for pound exchange rate at the end 1.31, change for December 4.80%.

Pound to Dollar forecast for January 2017.
The exchange rate for beginning of January 1.31. Maximum rate 1.31, while minimum 1.25. Averaged rate for month 1.29. The forecast for pound exchange rate at the end 1.28, change for January -2.29%.

GBP to USD forecast for February 2017.
The exchange rate for beginning of February 1.28. Maximum rate 1.29, while minimum 1.23. Averaged rate for month 1.26. The forecast for pound exchange rate at the end 1.26, change for February -1.56%.

Note: Donald Trump will be sworn in to office in January and his policies might affect the exchange rate of both currencies, any decision he takes should start having visible effects on the exchange rate from like March 2017.

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nuklin1617 days ago

1dollar to 0.9Pounds. I will go for a closeup between the two considering Trump's policies and the BREXIT. Already it's at 1dollar to 0.79Pounds.

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Aravi1617 days ago

Hi @kmakoynohupa

After BREXIT and UK quit union, Both euro and pound expected to fall a lot. The USD value expected to reach new sky height. Euro expected to fall below the value of USD.


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voineaadi1610 days ago

IN the long run, they will be 1 to 1, meaning 1 Euro = 1 USD. Why? Because of global trading relationships, a more free international world, economies are trying to equalize, and so on. It's already a much tighter exchange rate between the EUR and the USD than it was a few years ago, the GBP is also going down ( because of their own doing, if you ask me ). So yes, it will only be a matter of time before the two will be on the same page. Just common sense.

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brendaniel1609 days ago

Thanks for selecting mine as the best...

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