Market Insight

It’s widely expected that the Bank of England keep interest rates steady in August– but the British pound is rising anyway. The pound can probably weather a dovish BOE and GBPJPY could break 148 resistance if there’s a hawkish surprise.

This is LCG’s daily Market Snapshot. Our Senior Market Analyst Jasper Lawler offers a concise analysis of one of the day’s key themes or events and how it could affect the charts of an asset within the stock, forex, indices or commodities market.