BoE Hawkish Pivot Could Decide Pound's Next Move. Forecast as of 17.09.2026

The market is underestimating the likelihood of a repo rate hike at the Bank of England's meeting on September 17. A surprise move by the regulator could support the GBP/USD, allowing the pair to recover in the short term. However, political and fiscal risks could ultimately weigh heavily on the pound. Let's analyze the current situation and develop a trading plan.Major Takeaways UK inflation has accelerated to 3.1%. The Bank of England may surprise the markets in September. The pound is not fac