Risk to GBP is going to be elections . So far we see headlines move the pair erratically.
Hawkish comments by carney.
Low inflation is sparking consumer spending which what I like to see to support a rate hike.
BoE deputy governor Ben Broadbent says in an interview that bad deflation isn't a threat to Britain
Good deflation helping boost demand and output
If this pair is going to move up we need to break the downward trend pressure.