What will be the closing value of the British pound to US dollar exchange rate on 12 May 2023?

Good Judgment Open

★★★☆☆

68%

1.20 or higher

Higher than 1.15 but lower than 1.20

Between 1.10 and 1.15, inclusive

Between 1.00 and 1.05, inclusive

Higher than 0.95 but lower than 1.00

Question description #

Fears of a UK recession, inflation, and the impact of government fiscal policy has seen the British pound fall to its lowest level versus the US dollar since the UK's decimalization in 1971 (Guardian, CNBC, Historic UK). The outcome will be determined using data as reported by Google Finance (Google Finance, set to "6M"). Confused? Check our FAQ or ask us for help. To learn more about Good Judgment and Superforecasting, click here. To learn more about how you can become a Superforecaster, see here. For other posts from our Insights blog, click here.

Indicators #

Indicator	Value
Stars	★★★☆☆
Platform	Good Judgment Open
Number of forecasts	352
Forecasters	46