Sterling exchange rates fell ahead of the weekend and in the wake of August’s Bank of England (BoE) interest rate decision, which cast a pall over the outlook for the economy and prompted much commentary about the prospects of the Pound, some of which is included below.

August 5,2022

BoE Bailey press conference

The Bank of England delivered what analysts are describing a "dovish" 50 basis point interest rate hike, and this could spell weakness for the British Pound going forward.

August 9,2022

BoE's Bailey

BoE hikes 50bp, GBP in "sell the fact" response.

January 11,2023

Pound Sterling note

"GBP may not get much lift from this meeting" - TD Securities.

August 9,2022

Pound Sterling and the Bank of England

GBP firms ahead of Bank of England decision, but Barclays sees prospect of a decline Thursday.

August 3,2022

GBP started August with solid gains against both the Euro and Dollar but risks decline later this week if the Bank of England underwhelms and delivers a 25 basis point interest rate hike on Thursday.

August 2,2022

RBC Capital Markets are targeting a lower Pound in their regular "trade of the week" in anticipation of Bank of England disappointment.

August 1,2022

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