Bank of America survey: British pound has become the highest valuation currency in the past decade

Huobi HTX reported that Bank of America's global fund manager survey in September showed that the pound is considered the highest-valued currency in the past decade. The survey results show that 12% of investors (net ratio) currently believe that the pound is overvalued, while the figure was net 3% a month ago believed that the pound was undervalued and that valuation expectations have reversed significantly. This means that the current overvalued pound has reached its peak since December 2015. Data from the London Stock Exchange Group (LSEG) shows that as of this month (relevant survey statistics period), the pound sterling exchange rate against the US dollar has risen by about 1%; since the beginning of this year, the cumulative increase of sterling sterling against the US dollar has reached 9%.