Sterling will climb back to levels not seen since the Brexit vote by the start of next year, according to analysts who believe the currency is “significantly undervalued”.
Oxford Economics said the pound was undervalued “on a wide range of valuation metrics”, while analysts at Barclays said on one measure, sterling had only been cheaper against a basket of currencies during the depths of the financial crisis and the International Monetary Fund UK bail-out in the 1970s.
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It's good to see some positive forecasting for a change. All we seem to get are cries of "We're all doomed." from most quarters over our leaving the EU. ( None of which I might add, has so far materialised. ;))