# GBP/USD: Active BoE to polish sterling's outlook – MUFG — Octa

> MUFG economists say the Bank of England's plans to remove policy accommodation next year should underpin sterling, while they doubt the Fed will accelerate its QE tapering. They expect Brexit to receive more focus once COVID recedes.

- Date: 2021-08-20 · published 2021-08-20T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/45807-gbp-usd-active-boe-to-polish-sterling-s-outlook-mufg-octa
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

This is a sterling outlook from a rates perspective and does not plausibly move feed commodity supply, demand or prices.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/919577/

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