Pound holds near mid-1.3400s after BoE hike to 4% ahead of US payrolls: Nov 6, 2026
The Bank of England raised Bank Rate to 4.00% as expected in a 9-0 vote. Sterling traded near a seven-week high as US elections dented the dollar, then lost its hike bounce to flatline near the mid-1.3400s with 1.3500 noted as a barrier. Focus is now on Friday's US payrolls report for fresh impetus.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the GBP/USD page.
Headlines (9)
First seen on November 6
- British Pound flatlines near mid-1.3400s vs softer USD; looks to US NFP for fresh impetusFXStreet
- 1.3500: Might act as key barrier for GBP/USD on US NFP dayFXStreet
Carried over from earlier days
- British Pound extends rally as Republicans lose both US HousesFXStreet
- British Pound near seven-week high as US elections dent USD, BoE loomsFXStreet
- Bank rate increased to 4% - November 2026 Monetary Policy Summary and Minutesbankofengland.co.uk
- Bank of England raises the Bank Rate to 4.00% as expected in a 9-0 voteInvestingLive
- UK hikes rates with eye on Trump’s next Middle East movepolitico.eu
- Futures Split As Blue-Wave Chip Purge Enters Day Two; Oil Rebounds, BoE HikesZeroHedge
- The Pound loses its BoE hike bounce before Friday's US payrollsFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, November 6 | ||
| FOMC Member Logan Speaks | USD | |
| Lloyds HPI m/m | 0.0% | GBP |
| FOMC Member Williams Speaks | USD | |
| MPC Member Pill Speaks | GBP | |
| Average Hourly Earnings m/m | 0.3% | USD |
| Unemployment Rate | 4.2% | USD |
| Non-Farm Employment Change | 65K | USD |
| FOMC Member Musalem Speaks | USD | |