The latest in our ForexLive previews takes a look at today's BOE MPC announcements at 12.00 GMT

The short answer to the header question is " We shouldn't".

We know that they won't change interest rates and I can't see why the voting should change from 8-1. The Minutes should really spring few surprises either. Here's the last lot.

We heard recently the thoughts of Carney and whilst he was at pains to tell the TSC that they were his own take on rates and the current scenario I don't envisage that his colleagues offer anything much different.

Yesterday's better than expected UK services PMI data gave the market a good excuse to make a few corrections to all the recent GBP selling aided by general USD weakness but it';s not going to change the immediate MPC position.

Concerns will remain over energy/food related low inflation and the hosing market has recently showed signs of cooling. In any case they can curb demand by regulation rather than rate hikes and have said so, indeed done so already.

The pound has made significant losses since last summer and even though GBPUSD and EURGBP are showing signs of some correction off the lows we're still lower than recent highs on commodity based currencies such as CAD and AUD. I don't see any great amount of time discussing this by the MPC.

Lots of conjecture on Brexit lately but again I don't see this as a major BOE MPC focus right now although they readily admit to giving it some attention, and quite rightly so.

We should always expect the unexpected. I just don't see why this time around we should get anything off the agenda.

GBPUSD bulls will not be too fazed going into the announcement. We know the dovish MPC/Carney talk so the only risk could be hints of anything more hawkish. For that reason I remain cautious about selling too much GBPUSD up here for the moment, until the dust has settled at least.

Strong demand into 1.4545-50 and more at 1.4500 while 1.4650 should provide decent resistance to the top side. EURGBP remains 0.7550-0.7650.

The BOE also releases its Inflation Report at the same time and that might spring a surprise or two. Carney holding a presser on that at 12.45 GMT

As usual we'll bring you all the headers and analysis and we can then review what to do from there.