Flash: GBP/USD may range ahead of BoE minutes - OCBC

FXstreet.com (Barcelona) - Emmanuel Ng, FX Strategist at OCBC Bank notes that UK Home price data on Monday kept GBP/USD aloft.

Key Quotes

“The pair may continue to be range bound in a 1.6300-1.6500 range ahead of the BOE MPC minutes due tomorrow.”

“For today, look towards CBI numbers for further direction while we would continue to prefer to fade any upticks, especially if any data disappointments leave the pound out in the cold once again.”