This adds to the growing chorus for a weaker dollar in 2021
Deutsche releases its latest forecast for the euro and pound expecting EUR/USD at 1.3000 and GBP/USD at 1.4600 respectively by the end of next year.
There's not much other details but I reckon it is a fair assumption that they are betting on dollar weakness being a key theme driving the moves. As for the pound, that is likely also contingent on the assumption that there is a Brexit deal in all likelihood.