The pound has made some small gains against the euro and the dollar this week after falling following the Bank of England and European Central Bank monetary policy meetings last week.
The markets will be listening closely to speeches from Bank of England official, Huw Pill today and Bank of England governor Andrew Bailey tomorrow. Any ‘hawkish’ comments suggesting that further interest rate hikes are in the pipeline could boost the pound.
It’s a light day for economic data in the UK, however, GDP figures will be released on Friday.
