Pound Sterling prints a fresh three-week low amid cautious sentiment

The Bank of England (BoE) will announce its Interest Rate Decision on Thursday, August 3 at 11:00 GMT and as we get closer to the release time, here are the expectations forecast by the economists and researchers of 10 major banks. Read More…

The Pound Sterling (GBP) remained subdued on Wednesday as investors await the interest rate decision by the Bank of England (BoE), which will be announced on Thursday. The GBP/USD pair attempts a recovery move after retracing more than 60% from its July high as one league of investors believes that the central bank could remain hawkish beyond expectations. Read More…

GBP/USD could still slip back towards the 1.2720 region in the near term, according to Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group. Read More…