Arne Rasmussen, Head of FI Research at Danske Bank, gives his views on the BoE and the European cross for the next months. Key Quotes “EUR/GBP dropped below 0.8750 on t he hawkish signals from the Bank of England (BoE) yesterday”. “We stick to our call for one hike in H2 18 and one in 2019 with the next hike likely in August”. “Near term, a break below 0.8650 would, in our view, require a more pronounced repricing of the BoE’s future rate path, which we do not expect. Hence, we expect EUR/GBP to continue to trade within a range of 0.8650-0.8850 in the coming months”. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD returns to positive carry – AmpGFX FX Street 3 years Arne Rasmussen, Head of FI Research at Danske Bank, gives his views on the BoE and the European cross for the next months. Key Quotes "EUR/GBP dropped below 0.8750 on t he hawkish signals from the Bank of England (BoE) yesterday". "We stick to our call for one hike in H2 18 and one in 2019 with the next hike likely in August". "Near term, a break below 0.8650 would, in our view, require a more pronounced repricing of the BoE's future rate path, which we do not expect. Hence, we expect EUR/GBP to continue to trade within a range… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
