BOE dep gov on the wires being quoted from The Guardian
"If and when US interest rates go up there are concerns about how the market will adjust"
Ditto the UK too. So reading between the lines he still sees US rates rising ahead of the UK
Yesterday he had this to say on banking regulation
GBPUSD still testing the offers/res at 1.5650 with a 1.5649 high so far
Cunliffe- markets are fragile at the moment and fears FOMC fall out