Suppose That the One-Year Forward Rate on Pounds Is $1 $\le$

Suppose that the one-year forward rate on pounds is $1.75/ $\le$ .Given no arbitrage opportunities,this implies that traders expect:

A) the spot rate to be $1.75/ $\le$ in one year.
B) the spot rate to be greater than $1.75/ $\le$ in one year.
C) the spot rate to be less than $1.75/ $\le$ in one year.
D) the spot rate to be greater than or equal to $1.75/ $\le$ in one year.
E) the spot rate to be less than or equal to $1.75/ $\le$ in one year.