By Alex Ellis

All eyes will be on the Bank of England minutes which are released today at 09:30 (GMT), these minutes always have a significant effect on the market and the consensus is that this could go either way. In order to minimise your risk you may want to buy foreign currency sooner rather than later, the best and safest way to do this is to contact an experienced currency broker who can help to guide you through the process.

GDP figures released yesterday were worse than expected and the result of this was that the market exchange rates were driven downwards. Also during the course of yesterday we saw the worst GBP to USD Rates seen for nearly a year. For those looking to sell Sterling you may want to do this as soon as possible before the exchange rates plummet even further.