Bank of England (BoE) news

The Bank of England (BoE) is the central bank of the United Kingdom. Its primary objective is to maintain price stability, targeting a 2% inflation rate. The BoE uses interest rate adjustments and quantitative easing to influence the economy and achieve its inflation target. It also plays a key role in ensuring financial stability in the UK.

Chart alert: GBP/USD potential bullish reversal above 20-day moving average

GBP/USD is showing signs of a potential bullish reversal as sterling remains supported above key technical levels despite renewed US-Iran tensions. Traders are closely watching the US non-farm payrolls, unemployment rate, and Michigan consumer sentiment data for fresh directional cues. Intermarket analysis suggests the Bank of England may stay more hawkish than the Federal Reserve, while technical indicators point to strengthening upside momentum toward the 1.3640/3665 resistance zone.

08-05-2026 05:37 GMT by Kelvin Wong

Central banks edge toward rate hikes as energy shock revives inflation fears

European and UK central banks are preparing for possible interest-rate hikes as the Middle East conflict pushes energy prices higher and revives inflation risks.

30-04-2026 19:05 GMT by Krzysztof Kamiński