Last week the pound saw losses against both the euro and the dollar and remains relatively unchanged this morning. Sterling has seen a small gain against the greenback.
Markets will be paying close attention to the Bank of England’s policy meeting on Thursday where interest rates will be discussed. Rates are expected to be kept as they are.
Other key data releases that could affect sterling this week are Markit PMI on Wednesday and Gfk Consumer Confidence on Friday.
The UK’s vaccine rollout continues, will all over 18s now able to book a jab. Almost 60% of adults have now had both doses, however, UK health leaders have called on the government to start planning autumn booster jabs.
