# Pound Sterling May Outlook: Bank of England 'Taper' Decision to Set the Tone against Euro & Dollar

> The British pound has been flat against the euro and range-bound against the dollar as the month ends. The Bank of England's May 6 policy decision, alongside a Scottish election, is seen as the key event for sterling in May.

- Date: 2021-04-30 · published 2021-04-30T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/47836-pound-sterling-may-outlook-bank-of-england-taper-decision-to-set-the-tone
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

This is a currency outlook with no direct grain or feed supply effect; a stronger pound would marginally make US-priced feed imports cheaper for UK buyers.

## Read by commodity

- GBPUSD: neutral

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/gbp-live-today/15358-boe-taper-and-pound-to-euro-and-dollar-outlook-for-may

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