RBS does not expect good results from the British pound

As the currency analysts RBS, the rhetoric of today's presentations by members of the Committee on Monetary Policy Bank of England at a meeting of the parliamentary committee as a whole, was of a moderate tone and is consistent with a report on inflation and the minutes of the meeting of the Bank of England. As noted in the bank, it is obvious that the central bank allow the probability of continuation of quantitative easing. Bank of England also sees the first signs of recovery, however, drew attention to the fact that it will be slow and protracted, with downside risks persist. In addition, the central bank expressed concern over the export sector and high inflation, but the governor of the Bank of England Mervyn King said that, most likely in the 2 nd half of the year, inflation to fall below the target level. In general, consider a currency strategist with the Bank, in the face of rising risks to get "hung" Parliament and the continuing concern about the fiscal policy of the British pound in anticipation of elections in Britain will not show too good results, especially against the currencies of countries with good financial condition, including which the Australian and Canadian dollars, as well as Norwegian and Swedish krona.