# Pound Sterling Outlook: "Confusion will Reign in GBP Markets" on BoE's Super-Thursday Event

> Analysts expect sterling to be volatile ahead of the Bank of England's August policy meeting and inflation report, with a rate hike considered unlikely by consensus. Some analysts flagged a possible Nomura call for a hike.

- Date: 2017-07-28 · published 2017-07-28T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/70206-pound-sterling-outlook-confusion-will-reign-in-gbp-markets-on-boe-s-super
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Expectations of a Bank of England decision drive sterling moves, which affect the cost of dollar-priced feed imports for UK buyers.

## Read by commodity

- GBPUSD: neutral

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/gbp-live-today/7232-gbp-to-eur-and-usd-confusion-to-reign

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