Assume Interest Rate Parity exists. If the interest rate rises in the U.S. and falls in in the United Kingdom and the dollar:pound spot rate does not change, which of the following is true. The forward rate for the USD would adjust to reflect a stronger USD The forward rate for the USD would adjust to reflect a weaker USD The forward rate would not change because the rates moved in opposite directions. It is impossible to predict the change in the forward rate based on IRP