There was little movement for GBP in the currency markets yesterday, with the public holiday to mark the Queen’s funeral. This morning the pound has strengthened by roughly 0.2% against the euro and US dollar.
We have to wait until tomorrow for any major data releases, with CBI Industrial Trends Orders for September.
However the week gathers pace rapidly after that, with the interest rate decision on Thursday midday from the Bank of England. Friday is the chancellor’s fiscal event/mini-budget, as His Majesty’s government gets down to work following the period of mourning.
GBP/EUR past year


