The pound is a ‘screaming buy’ if it falls to $1.30, strategist says
Crossbridge Capital CIO Manish Singh expects the pound this year to hold at its current level against the dollar (around $1.3626 at the time of writing) or head to $1.40.
He said the pound would only move higher than the $1.40 mark next year, “on the benefits of Brexit accruing over time.”