# Why the Pound's Upside on Bank of England Shift has Further to Run

> Sterling has failed to gain against the euro and dollar despite signs the Bank of England may move toward rate hikes and ending quantitative easing. The article notes GBP/USD fell nearly 1% in the prior week.

- Date: 2021-07-18 · published 2021-07-18T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/46309-why-the-pound-s-upside-on-bank-of-england-shift-has-further-to-run
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

This is currency commentary about UK monetary policy with no direct link to feed commodity supply, demand or prices.

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/gbp-live-today/15688-rate-support-for-pound-to-euro-and-dollar-ahead

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