The BOE is coming up next.. what can we expect? ...Middle East

GBP/USD is trading at the lows for the day amid a firmer dollar, though the pound is also lagging slightly against the rest of the major currencies bloc. The pair is down 0.4% to 1.2628 but remains stuck in a consolidative range in the bigger picture:That could very well change in the aftermath of the BOE meeting later today. While the central bank is expected to keep rates unchanged, there will be plenty of focus and scrutiny on the statement language and Bailey's press conference.I shared some food for thought earlier here: The central bank spotlight continues with the BOE todayGoing back to GBP/USD, there has been some consolidation around 1.2600 to 1.2800 as of late. And eventually, some

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