Both the pound and the euro have been significantly dominant over the last few weeks, however the pound has been more so. There is a Bank of England monetary policy announcement on the calendar along with the Quarterly Inflation Report and a speech from Governor Carney. Additionally, Prime Minister May will be publishing a white paper containing her Brexit plan. We are not sure exactly what time the paper will be released but the monetary-policy announcement and Quarterly report could be more positive than negative for sterling as the central bank is widely expected to increase its inflation forecast. Due to the increase in expected volatility, I will be very cautious with my entries.