IncisiveFX | Forecaster Institutions

Currecny Pair	4Q24	1Q25	2Q25	3Q25	4Q25
EUR/USD	1.09	1.12	1.12
USD/JPY	146	145	144
GBP/USD	1.3	1.35	1.35
EUR/JPY	159	162	161
EUR/GBP	0.84	0.83	0.83
USD/CAD	1.35	1.34	1.33
AUD/USD	0.67	0.68	0.68
NZD/USD	0.61	0.61	0.61
EUR/CHF	0.93	0.94	0.94
EUR/SEK	11.1	10.9	10.7
EUR/NOK	11.3	11.1	10.9
USD/ZAR	17.65	17.4	17.25
USD/CNY	7.15	7.1	7.05
USD/INR	83.9	83.1	82.5
USD/CHF	0.85	0.84	0.84
USD/SEK	10.18	9.73	9.55
USD/NOK	10.37	9.91	9.73
USD/TRY	35.5	37.5	38.5
EUR/AUD	1.6269	1.6471	1.6471
EUR/NZD	1.7869	1.8361	1.8361
EUR/TRY	38.7	42	43.12
EUR/CNY	7.7935	7.952	7.896
GBP/CAD	1.755	1.809	1.7955
EUR/CAD	1.4715	1.5008	1.4896
GBP/EUR	1.1905	1.2048	1.2048
GBP/JPY	189.8	195.75	194.4
GBP/CHF	1.1071	1.1325	1.1325
GBP/TRY	46.15	50.625	51.975
GBP/INR	109.07	112.185	111.375
GBP/NZD	2.1311	2.2131	2.2131
GBP/AUD	1.9403	1.9853	1.9853
GBP/NOK	13.4524	13.3735	13.1325
GBP/SEK	13.2143	13.1325	12.8916
GBP/ZAR	22.945	23.49	23.2875
GBP/CNY	9.295	9.585	9.5175
Currecny Pair	4Q24	1Q25	2Q25	3Q25	4Q25

JP Morgan