BoE Interest Rate Decision preview: Policy rate expected to hold
| Pair | Now | Since publish |
|---|---|---|
| GBPUSD | — | — |
The Bank of England is set to announce its latest Interest Rate Decision on July 30, 2026, at 11:00 UTC. Market consensus anticipates the policy rate will remain unchanged at 3.75%, matching the previous reading. This event carries a High impact rating, indicating potential for significant market movement, particularly if the actual outcome deviates from expectations.
Historically, BoE Interest Rate Decisions have often led to notable volatility across GBP pairs. Our data, spanning 82 releases since 2015, shows the median 1-hour move for GBPUSD after these announcements is 31 pips, with top-quarter releases seeing moves of 62+ pips. GBPAUD has a median 1-hour move of 42 pips, with top-quarter moves exceeding 83+ pips. Similarly, GBPJPY has seen median 1-hour moves of 44 pips, with top-quarter releases moving 89+ pips. For EURGBP, the median 1-hour move is 19 pips, with top-quarter releases moving 37+ pips. Directional reliability statistics are not yet available for this release.
Recent actual rates have consistently been 3.75% since December 2025, when the rate was 4%. The GBPUSD 1-hour moves following recent releases include a -17 pip move in June 2026, a -12 pip move in April 2026, and a +6.9 pip move in March 2026. The December 2025 release, when the rate changed to 4%, saw a +42 pip move for GBPUSD.