Analysts at Scotiabank explained that the pound was quietly consolidating around 1.31 and attempting a modest stabilization near the midpoint of its one month range. Key Quotes: “The BoE appears set to deliver a widely expected 25bpt rate hike on Thursday, with 46 out of 58 Bloomberg survey respondents anticipating a lift in the Bank Rate to 75bpts.” “The BoE is also set to deliver its Quarterly Inflation Report and its tone will be closely scrutinized.” “Recent comments from BoE Gov. Carney hint to lingering Brexit concerns.” 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 EUR/USD extends gains above 1.1700, eyes 1.1730 FX Street 5 years Analysts at Scotiabank explained that the pound was quietly consolidating around 1.31 and attempting a modest stabilization near the midpoint of its one month range. Key Quotes: "The BoE appears set to deliver a widely expected 25bpt rate hike on Thursday, with 46 out of 58 Bloomberg survey respondents anticipating a lift in the Bank Rate to 75bpts." "The BoE is also set to deliver its Quarterly Inflation Report and its tone will be closely scrutinized." "Recent comments from BoE Gov. Carney hint to lingering Brexit concerns." Regulated 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.
