BOE

Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.

  • Newest
  • Popular
Finger pointing on market chart data

GBP/USD forecast: What does BoE’s rate hike mean for pound?

Despite struggling post the BoE rate decision, the longer-term GBP/USD forecast remains bullish. But in the short-term, a drop back to 1.25 cannot be ruled out.

EURGBP outlook, USDJPY outlook: Two trades to watch

Will the BoE boost the pound? USD/JPY falls despite dovish BoJ minutes & after cooling US CPI.

default avatar
May 11, 2023 03:03 AM
Close-up of Union Jack flag

GBP/USD forecast: BoE Preview

The ongoing bullish GBP/USD forecast is likely to change only modestly as the Bank of England (BoE) is unlikely to deliver a dovish surprise with inflation remaining in double-digits.

default avatar
May 9, 2023 09:30 AM

Why trade with FOREX.com?

Tight spreads on FX – as low as 0.2 for EUR/USD (with fixed $5 commissions per 100K).

Award-winning platforms with fast and reliable execution.

Course thumbnail of FOREX.com course:  What are commodities by FOREX.com
Close-up of Union Jack flag

GBP/USD outlook: US inflation and BOE meeting to drive the pound

US inflation and Thursday's BOE meeting are key events for GBP/USD traders to keep an eye on, ahead of the UK's data dump on Friday.

BoE lifts interest rates to highest since 2008

A 25-basis point rate hike was mostly priced in, especially in light of the latest inflation data that was released on Wednesday

Two Trades to Watch: GBP/USD, Gold

GBP/USD rises ahead of BoE rate decision. Gold rises post Fed and looks to jobless claims.

default avatar
March 23, 2023 04:26 AM
Research

GBP/JPY extends recovery as hot CPI boosts BoE hike odds

The GBP/JPY has been supported by a double dose of bullish factors this week.

BoE’s dovish hike leaves pound in limbo

Investors are wondering whether the BoE was done with hiking...

default avatar
February 2, 2023 07:48 AM
Close-up of market chart

EUR/GBP probes YTD high ahead of BOE and ECB meetings

With the Fed having delivered their 25bp yesterday, it is now over to the BOE and ECB today who are expected to hike by 100bp between them.

default avatar
February 2, 2023 12:04 AM
Forex trading

US Data Dump dominates central banks

With Thursday’s poor economic data and the Fed still hiking rates (albeit at a slower pace), a recession may be in the cards for the US!

December 15, 2022 04:29 PM
multiple currencies

BoE split in decision to hike by 50 bps

Two MPC officials, Tenreyro and Dhingra, voted to keep rates unchanged at 3%

default avatar
December 15, 2022 07:27 AM
Multiple pound notes £5, £20 and £50 Pound Sterling

GBP/USD: What’s with all that?

If GBP/USD can move lower due to the Fed being more aggressive than the BOE, is the reverse true as well?

November 28, 2022 03:32 PM
Research

Markets looking for higher Central Bank terminal rates

Major central banks around the world have been hiking rates at an unprecedented pace in order to try and cap inflation, which in some countries is at or near 40-year highs.

November 9, 2022 03:51 PM
Multiple pound notes £5, £20 and £50 Pound Sterling

FOMC + BOE could send GBP/USD spiraling

GBP/USD is already down roughly 400 pips from Thursday’s high. Can it move lower? With a hawkish FOMC and a dovish BOE, it sure seems possible.

November 3, 2022 12:35 PM
Close-up of Union Jack flag

BOE delivers a "dovish" 75bps hike

The BoE’s decision comes hot on the heels of the FOMC meeting the day before

November 3, 2022 08:25 AM
Close-up of Union Jack flag

Truss out as UK Prime Minister. What’s next for GBP/USD?

Liz Truss is out as Prime Minister of the UK. Whoever is selected as the next PM surely will not make the same economic mistakes that cost Truss her job. Therefore, the focus for the Pound will turn back to the Bank of England.

October 20, 2022 11:33 AM
Close-up of Union Jack flag

Truss out as UK Prime Minister. What’s next for GBP/USD?

Liz Truss is out as Prime Minister of the UK. Whoever is selected as the next PM surely will not make the same economic mistakes that cost Truss her job. Therefore, the focus for the Pound will turn back to the Bank of England.

October 20, 2022 11:33 AM

Risk-free trading with virtual funds

Try our award-winning platform.

Hone your skills and trading strategies.

Trade Forex, Gold & Silver, and Futures.

Course thumbnail of FOREX.com course: Introduction to charts by FOREX.com
Research

UK CPI preview: A return to double-digit inflation on tap

This week’s UK CPI reading will still be one of the biggest factors driving the Bank of England’s early November decision on interest rates...

default avatar
October 17, 2022 10:31 AM
Research

UK CPI preview: A return to double-digit inflation on tap

This week’s UK CPI reading will still be one of the biggest factors driving the Bank of England’s early November decision on interest rates...

default avatar
October 17, 2022 10:31 AM
Research

GBP/USD in focus bond as yields jump despite BoE’s new plan

BoE announced new measures aimed at ensuring an "orderly end" to its emergency bond buying scheme which ends on Friday.

default avatar
October 10, 2022 11:37 AM
Research

GBP/USD in focus bond as yields jump despite BoE’s new plan

BoE announced new measures aimed at ensuring an "orderly end" to its emergency bond buying scheme which ends on Friday.

default avatar
October 10, 2022 11:37 AM
Graphic of trading data chart

Gilts gone wild!

The yield on the 30-year Gilt has moved from a high on the day of 5.092% down to a low of 3.869%.

September 28, 2022 03:53 PM
Gold nuggets

Gold shines as yields plunge on BoE intervention

BoE will temporarily carry out purchases of long-dated UK government bonds at an “urgent pace,” and on “whatever scale” necessary to restore orderly market conditions.