The BOE surprised markets by keeping rates unchanged today, but it was made very clear that a cut could be coming in August.
from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/top_fx_headlines/2016/07/14/GBP-Rally-After-BOE-Viewed-with-Caution---August-Easing-Eyed.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:top_fx_headlines
GBP Rally After BOE Viewed with Caution - August Easing Eyed
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