Tomorrow brings a Bank of England rate decision, and after last month’s rate hike, expectations for new information are minimal. The bigger item around the British Pound at the moment is one of a more uncertain nature, as Brexit headlines continue to drive the flow in GBP. We discussed this last week as some rather sharp topside moves had started to show in the currency, and those bullish pushes were linked very closely to positive headlines around Brexit developments. After the EU’s Chief Negotiator mentioned that the EU would be open to a post-Brexit partnership with the UK, the persistent down-trend that had ... (full story)