Big banks' expectations for GBPUSD are quite divided. By the end of 2018, negativism is predominant and all seem to be unanimous for levels below 1.30. However, the big players are of the opinion that the cable will break above the psychological level of 1.30 in 2019.
This uncertainty, of course, is due to the fact that the exit from Brexit is still unclear and the future UK exit agreement is unclear, making forecasting the pound even more complicated even by the most informed and good analysts .
Here is the distribution of bank expectations for Q3 of 2018:
Charts: Used with permission of Bloomberg Finance L.P.
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