DLS MARKETS：英镑走势震荡，因市场对英国央行降息预期坚定

Group 1 - The British pound is experiencing mixed fluctuations against other currencies due to market uncertainty regarding its outlook and increasing expectations of a dovish policy from the Bank of England [1][3] - The Bank of England is anticipated to lower interest rates by 25 basis points to 3.75% in the upcoming monetary policy meeting, influenced by a weak labor market and slowing inflation [3][4] - External member of the Bank of England, Andrew Bailey, indicated that inflation is expected to return to the 2% target in the short term, supported by recent declines in wage and service sector inflation [3][4] Group 2 - Investors are closely monitoring the upcoming speech by Bank of England Governor Andrew Bailey for further guidance on interest rate prospects [4] - The focus this week also includes the GDP data for October, which is expected to provide insights into the economic performance [4] - The dollar index (DXY) is trading within a narrow range around 99.00, with expectations that the Federal Reserve will likely cut rates by 25 basis points to a range of 3.50%-3.75% [6][7] Group 3 - Market participants are awaiting the release of the JOLTS job openings data, which is expected to show an addition of 7.2 million jobs during the period [9] - The relative strength index (RSI) for the British pound is around 61, indicating bullish momentum, with potential upward movement if it breaks the 50% Fibonacci retracement level at 1.3402 [12][13] - The British pound is maintaining a position above the 20-day exponential moving average (EMA), suggesting a continued bullish trend in the short term [12][13]