British Pound Volatility Ahead on Bank of England Rate Decision (DailyFX)
British Pound Volatility Ahead on Bank of England Rate Decision Fundamental Forecast for British Pound: Neutral - Technical Positioning Hints Pound to Reverse Lower vs US Dollar - Rates Outlook Key as British Pound Clings to UK-US Libor Spread The British Pound may turn volatile in the week ahead as the Bank of England delivers the first rate decision based on an updated inflation outlook taking into account the government’s austerity budget.