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Sterling finished Friday at $1.3389 after touching $1.3433 intraday. JPMorgan's FX desk sees a possible move toward resistance at 1.3560-1.3570 if sterling closes convincingly above the 200-day moving average near 1.3430.
The Bank of England decides on 5 November.
Sterling and dollar moves affect the cost of US-priced feed inputs for UK and other non-dollar buyers, but the link to feed prices is indirect. The story is routine currency commentary with no new feed-relevant cause.
exchangerates.org.ukDave TaylorNov 1, 2026Not enough comparable past events yet for a historical read.
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.
