Analysts at Scotiabank explained that conditions surrounding the pound today. Key Quotes: “The RICS house price index rose posted a gain of 2, a little firmer than expectations of a -4 outcome, although the broader trend in UK house prices remains very soft.” “The GBP’s near-term prospects will be shaped by the market’s confidence in the BoE delivering an Aug rate hike (strong currently, with a 25bps hike 80% priced in) and next week’s parliamentary debate on the government’s Brexit proposal, which might give some indication of the risks facing PM May’s leadership later this year.” 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 Technical Analysis: Aussie trading back above 0.7400 ahead of Fed’s Powell Speech FX Street 5 years Analysts at Scotiabank explained that conditions surrounding the pound today. Key Quotes: "The RICS house price index rose posted a gain of 2, a little firmer than expectations of a -4 outcome, although the broader trend in UK house prices remains very soft." "The GBP's near-term prospects will be shaped by the market's confidence in the BoE delivering an Aug rate hike (strong currently, with a 25bps hike 80% priced in) and next week's parliamentary debate on the government's Brexit proposal, which might give some indication of the risks facing PM May's leadership later this year." 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.