Traders are expecting a rate hike from the BOE’s next rate call on August 2nd, and bulls are eager to establish an upward trend as Brexit continues to drag the Sterling down. Prime Minister Theresa May’s latest Brexit proposal has seen some key changes made by the House of Commons in voting yesterday, and the move by hard-line Brexiteers within May’s own party to introduce changes to the framework could prove lethal for PM May’s latest attempt to strike a successful middle ground between Brexiteers in the UK and EU leaders in Brussels, who have so far remained stalwart, providing little in the way of special concessions that the UK leavers have been demanding.