GBP/USD: More Downside Likely as Hawkish Hints From BoE

gbp/usd:-more-downside-likely-as-hawkish-hints-from-boe

The main event in sterling (GBP/USD) markets today is a speech by Bank of England’s Catherine Mann, the most hawkish member of the MPC. Markets will be attentive to any comments about the implications of the recent budget for monetary policy and any colour on the latest jobs/wage figures. Given her arch-hawkish stance, we suspect...

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