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: 14.11.2026 Expectation: 3500 pips
Sell Bitcoin with $75,000 in view
Today at 08:47 AM 10
Period: 14.11.2026 Expectation: 150 pips
Go short on SPX down to $7,500
Today at 06:47 AM 17
Brent sell
Period: 29.11.2026 Expectation: 450 pips
Brent crude sell-off targets $105
Yesterday at 10:38 AM 20
Period: 12.11.2026 Expectation: 28000 pips
Go long on NVIDIA stock up to $243
Yesterday at 10:38 AM 21
Period: 28.11.2026 Expectation: 130 pips
Invest in SPX with 7,850 in view
28 October 2026 30
Period: 28.11.2026 Expectation: 4200 pips
Selling EURUSD down to 1.07000
28 October 2026 45
Go to forecasts