The Pound Sterling (GBP) trades sideways against its major peers on Tuesday with investors focusing on the Monetary Policy Hearings, in which several Bank of England (BoE) policymakers – including Governor Andrew Bailey – will respond to questions before the Treasury Committee regarding the latest decisions on interest rates.

Here is what you need to know on Tuesday, November 19: In the absence of high-tier data releases, the US Dollar (USD) corrected lower to start the week.