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: 10.04.2026 Expectation: 500 pips
AUDCAD flashes short-term buy signal
Today at 11:27 AM 22
Period: 10.04.2026 Expectation: 800 pips
GBPUSD is poised to resume decline after short-term bullish momentum
Today at 11:23 AM 19
Period: 29.05.2026 Expectation: 2000 pips
Selling USDCAD with 1.37250 target
Today at 10:06 AM 12
Period: 30.04.2026 Expectation: 1300 pips
Investing in SPX during correction with 6,700 in sight
Today at 07:33 AM 10
Brent sell
Period: 10.04.2026 Expectation: 850 pips
Brent crude pullback is coming as geopolitical premium fades
Today at 06:51 AM 23
Period: 30.04.2026 Expectation: 850 pips
Selling EURUSD down to 1.1490
Today at 04:12 AM 17
Go to forecasts