GBP: Strength expected to pause – TD Securities
Par FXStreet Insights Team
Date de publication: 5 Feb 2026 | Date de modification: 5 Feb 2026
ARTICLES POPULAIRES
TD Securities' report by Julie Ioffe discusses the recent decision by the Bank of England to hold the Bank Rate at 3.75%. The dovish lean in the voting suggests potential cuts in the near future.
TD Securities' report by Julie Ioffe discusses the recent decision by the Bank of England to hold the Bank Rate at 3.75%. The dovish lean in the voting suggests potential cuts in the near future. The report notes that while GBP has shown strength, it is likely to pause due to an expected bounce back of the USD, particularly in Q1, which typically sees strong US data. The outlook remains bullish for GBP against the USD but bearish against the EUR.
BoE holds rates with dovish sentiment
"The Bank of England voted to hold Bank Rate at 3.75%, with of 5-4 split, which was more dovish than was expected by the market."
"Looking forward, today's four dissents and the balanced wavering of Bailey and Mann at this meeting continue to anchor us on a final March cut to a 3.50% Bank Rate."
"Structurally, we like GBP upside vs the USD but downside vs the EUR."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Plus d’un million d’utilisateurs se tournent vers FXStreet pour des données de marché en temps réel, des outils de graphiques, des analyses d’experts et des actualités Forex. Leur calendrier économique complet et leurs webinaires éducatifs aident les traders à rester informés et à prendre des décisions éclairées. FXStreet s’appuie sur une équipe d’environ 60 professionnels répartis entre le siège de Barcelone et diverses régions du monde.
Lire la suite
