Investment bank JP Morgan is forecasting that sterling will reach $1.45 by the end of 2018.
It is also predicting that the pound will be at $1.42 at the end of March.
The bank argued that the UK economy will be boosted by the ongoing growth seen in much of the rest of the global economy.
While potential interest rate rises soon, as highlighted by the Bank of England in recent week, plus a potentially weaker dollar performance, all suggest an upside for . . .
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