Trade The World
GBP holds tight range with mild bearish bias – Scotiabank
Par FXStreet Insights Team
Date de publication: 10 Dec 2025 | Date de modification: 10 Dec 2025
POPULAR ARTICLES
Pound Sterling (GBP) is drifting from last week’s highs toward 1.33 support, with domestic risk limited until Friday’s data releases, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Pound Sterling (GBP) is drifting from last week’s highs toward 1.33 support, with domestic risk limited until Friday’s data releases, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
BoE commentary turns slightly hawkish ahead of data
"The pound has also been trading within a tight range, albeit with a slightly more defensive bias and a gentle bearish drift from last week’s highs in the upper 1.33s to current support around 1.33. Domestic risk remains limited ahead of Friday’s trade and industrial production figures, and the latest comments from the BoE have leaned somewhat hawkish, balancing dovish communication earlier this week."
"MPC member Lombardelli has expressed concerns about upside risks to inflation and reiterated prior BoE comments on the inflationary impact of capacity constraints. The BoE’s next meeting is on Thursday, December 18 and markets are pricing a 92% chance of a 25bpt cut."
"However, media appear to be throwing cold water on the assumption that a cut will be delivered, and major banks also appear to be lifting their terminal rate, nudging up their forecast for the BoE’s rate path."
FXStreet
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.
Read More
