Flash: GBP/USD looks neutral ahead– OCBC Bank

FXstreet.com (Athens) – Emmanuel Ng of OCBC Bank notes that with the September UK industrial production numbers also outperforming prior expectations, investors may continue to look towards any changes in the BOE’s forecasts in its Inflation Report next week.

Key Quotes

“Meanwhile, the BOE expected to stand pat today and the sterling may instead look towards the ECB and Fed taper prospects for further directionality.”

“We remain neutral on the pair in the interim.”