Intercurve carry trade

CFA Level III
#1

Going through the first Kaplan practice exam (morning session) and need to clarify a couple
of concepts.

What implications do the following have on an intercurve carry trade?

  1. The USD is expected to weaken vs. GBP by more than the forward discount on USD vs GBP,
  2. Yields are expected to remain stable over the investment horizon.

Thanks.