Bank of England provides data on forward exchange rates.
I am a bit confused of what it means. Does a forward rate of 1.2883 in 26 June 17 (highlighted in red in the image) mean that in 26 June 2018 I will get this rate? Or maybe it means that I get that in 2017 based on a contract done in 26 June 2016?
Hope what I ask makes sense. Thanks a lot!