Analysts at Scotiabank noted that GBP is quiet. Key Quotes: “GBP/USD is consolidating within a remarkably tight range just above Friday’s fresh 2018 low.” “Local markets are closed for the May Bank holiday and this week’s release calendar is limited to second tier-data ahead of the manufacturing PMI scheduled for Friday.” “BoE rate expectations are firming and pricing a roughly 50% chance of a 25bpt hike for August.” 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 looks to close day flat near mid-0.75s FX Street 5 years Analysts at Scotiabank noted that GBP is quiet. Key Quotes: "GBP/USD is consolidating within a remarkably tight range just above Friday's fresh 2018 low." "Local markets are closed for the May Bank holiday and this week's release calendar is limited to second tier-data ahead of the manufacturing PMI scheduled for Friday." "BoE rate expectations are firming and pricing a roughly 50% chance of a 25bpt hike for August." 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.