0834 GMT - Sterling looks vulnerable as the Bank of England's policy decision Thursday confirmed it is in no rush to raise interest rates, Commerzbank's Michael Pfister says in a note. The BOE voted 6-3 to leave rates unchanged, with three policymakers preferring to lift rates. However, BOE Governor Andrew Bailey pushed back against speculation the BOE is moving closer to raising rates and some policymakers said rate cuts could come back into focus if the Iran war ends. Markets trimmed rate-rise bets but there is scope for further adjustments, Pfister says. "Anyone banking on monetary policy to support the pound is likely to be disappointed." Sterling falls 0.2% to $1.3438. The euro rises 0.05% to 0.8562 pounds.
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