eFXdata reports that Bank of America discusses its expectations for this week's BoE policy meeting. 

"We expect little news from the Bank of England (BoE) policy meeting and a unanimous vote to keep policy on hold. Brexit news remains the potential near-term catalyst for a change at the BoE. If markets become jittery, the BoE could increase the QE purchase pace at short notice. We would expect rate cuts into negative territory in a no-deal scenario, but that would need to wait until February we suspect," BofA notes. 

"GBP remains fixated by Brexit. Fundamentals will have to wait until 2021 as a driver for GBP," BofA adds.