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: 23.11.2026 Expectation: 170 pips
Buy Brent crude with $120 in sight
Yesterday at 08:57 AM 20
Gold sell
Period: 06.11.2026 Expectation: 120 pips
Gold sell-off targets $3,890
Yesterday at 08:56 AM 16
Period: 22.11.2026 Expectation: 145 pips
Invest in S&P 500 with 7,845 in mind
22 October 2026 28
Period: 22.11.2026 Expectation: 2400 pips
Sell Bitcoin down to $80,500
22 October 2026 25
Period: 04.11.2026 Expectation: 2700 pips
Go long on NVIDIA stock with $243 in view
21 October 2026 46
Period: 04.11.2026 Expectation: 1300 pips
EURUSD sell-off targets 1.0000
21 October 2026 41
Go to forecasts