14 October 2022 | Other

British pound bounces back on Bank of England’s extended bond purchase report

Recovery of the British pound started after the management of the Bank of England expressed its intention to extend the bond-buying program if necessary. Initially, Friday was the last day when bankers could take advantage of this program.

According to the Financial Times, banking institutions are watching investment managers have enough money to support clients with margin requirements. These specialists help pension funds monitor the risk level of their portfolios. If the bank sees that the fund manager can’t help clients, then it will extend support.



Company MarketCheese
Period: 02.07.2026 Expectation: 1900 pips
Sell USDJPY as bullish momentum fades
Today at 06:43 AM 6
Period: 24.07.2026 Expectation: 1550 pips
Selling EURUSD on relentless dollar rally
Yesterday at 09:55 AM 28
Period: 01.07.2026 Expectation: 1100 pips
NVIDIA shares set for rebound after breaking $200
Yesterday at 09:43 AM 20
Period: 24.07.2026 Expectation: 180 pips
Selling natural gas down to $3.00
Yesterday at 06:57 AM 25
Period: 01.07.2026 Expectation: 1210 pips
USDCAD may correct amid USMCA negotiations
Yesterday at 06:44 AM 22
Period: 30.06.2026 Expectation: 1000 pips
Selling AUDUSD during corrective rebound to 0.69900
23 June 2026 47
Go to forecasts