According to Jin10 Data, ING analyst Turner said in a report that if the Bank of England's policymaker panel survey shows that both expected and realized wage growth continue to slow, the market may narrow the gap between the Bank of England and the Federal Reserve's rate cut pricing.

Turner believes the Bank of England may adopt more easing policy, which may weaken the pound against the dollar. The Bank of England's chief economist Peel will speak, which may also hit the pound if he expresses greater confidence in the decline in inflation.