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GBP/USD climbed back near 1.3400 after the ECB held rates and the euro hit a new low, while sterling held firm. The Bank of England, which has held at 3.75% since December 2025 with three members voting to hike, will decide on November 5 after a 6-3 vote for a hold.
A split Bank of England vote leaves the pound's direction uncertain, which matters for sterling-priced import costs and for how the dollar trades against other currencies.
fxstreet.comJoshua GibsonOct 29, 2026Not enough comparable past events yet for a historical read.
After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
