' Goldman Forecast

Goldman prediction

The Financial Times carried a report on January 18th 2017 of a Goldman-Sachs forecast saying pound would fall against the dollar in year ahead, with the risk that this forecast materialises sooner rather than later. It's unusal to see a public forecaset that is actually testable. So I recorded it and waited ... a clear fail I am afraid. Still kudos to Goldman for making a prediction rather than the undated could's that we get mostly.

Sources:
GBP/USD from "https://uk.investing.com/currencies/gbp-usd-historical-data"
The Goldman forecast from the Financial Times, January 18th 2107 (paywall) https://www.ft.com/content/be3ff198-dcb7-303a-bd66-b893c519bf72

Peter Mott
January 2018