Saturday, 27 July 2024

Bank of England Preview – A Dovish Hold; Limited EUR/GBP Downside Potential

by BD Banks

We expect the Bank of England (BoE) to keep the Bank Rate unchanged at 5.25% on 1 August. We stress that it is a very close call not least due to the very limited amount of communication from the MPC over the past months. Overall, we expect the BoE to deliver a dovish twist to […]

The post Bank of England Preview – A Dovish Hold; Limited EUR/GBP Downside Potential appeared first on Action Forex.

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