British Pound: Rally against EUR and USD unlikely to last...

British Pound: Rally against EUR and USD unlikely to last – TD Securities

Published Jul 30, 2026 8:53 AM Last refreshed Jul 30, 2026 10:00 AM Source: EODHD Event Time: Jul 30, 2026 8:53 AM

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British Pound: Rally against EUR and USD unlikely to last – TD Securities

Source: EODHD - https://www.fxstreet.com/news/british-pound-rally-against-eur-and-usd-unlikely-to-last-td-securities-202607301253
Published: Jul 30, 2026 8:53 AM

TD Securities FX strategist Howard Du highlights that GBP/USD initially rose 0.3% on the hawkish 6-3 BoE vote split, with Mann joining the hike camp. However, the rest of the committee appears comfortable holding rates given limited second-round effects.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.