HSBC raises GBPUSD 2017 year-end forecast to 1.3500 vs 1.2000 prev
HSBC revising GBP forecasts 18 Sept
– cites more hawkish BOE and "cyclical forces"
– sees it back to 1.2600 by end-2018 and EURGBP 0.9500
– now see 2 x 0.25% rate hikes by end-2018 vs none prev
What do our readers think ? BOE to actually go through with current hawkish talk and hike by end-2017?