Danske says that EUR/GBP is to consolidate as the BOE hikes in May - ConsultFX

Danske says that EUR/GBP is to consolidate as the BOE hikes in May

A note by Danske Bank's analyst Mathias Mogensen He says that he sees the BOE raising rates in its May meeting by 25 bps, but expects EUR/GBP to keep a range-bound pattern in the near-term.