# A split BoE votes on November 5 with the Pound near 1.34

> 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.

- Date: 2026-10-29 · published 2026-10-29T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/17314-a-split-boe-votes-on-november-5-with-the-pound-near-1-34
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

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.

## Read by commodity

- DXY: neutral
- GBPUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2016-11-04 | [Stocks slip on US election nerves; pound up on Brexit ruling - The HinduBusinessLine](https://feedsoft.ai/events/74077-stocks-slip-on-us-election-nerves-pound-up-on-brexit-ruling-the.md) | +1.9% | +2.9% |
| DXY | 2017-11-02 | [Bank Rate increased to 0.50% - November 2017 \| Bank of England – the UK's central bank](https://feedsoft.ai/events/68228-bank-rate-increased-to-0-50-november-2017-bank-of-england-the-uk-s-central-bank.md) | -0.1% | -1.5% |
| DXY | 2024-07-09 | [China’s yuan slides on weaker guidance; Powell testimony in focus - The Pound Hub](https://feedsoft.ai/events/12302-china-s-yuan-slides-on-weaker-guidance-powell-testimony-in-focus-the-pound-hub.md) | -0.6% | +0.2% |
| DXY | 2024-11-07 | [Pound, UK stocks get a lift from BoE 'sugar rush'](https://feedsoft.ai/events/27645-pound-uk-stocks-get-a-lift-from-boe-sugar-rush.md) | +1.0% | +0.8% |
| DXY | 2026-10-01 | [British Pound edges higher to near 1.3250, renewed UK fiscal concerns in focus](https://feedsoft.ai/events/17743-british-pound-edges-higher-to-near-1-3250-renewed-uk-fiscal-concerns-in-focus.md) | +0.2% | +0.6% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/a-split-boe-votes-on-november-5-with-the-pound-near-134-202610292302

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.