GBPUSD GDP 75% risk event sell bias!
In the Bank of England’s March’s meeting the GBP sold off as two more hawkish MPC members, Haskell and Mann, dropped into voting for ‘no – rate’ change. This allowed the GBP to sell off and market’s want to know…
GBPUSD
GBPUSD sell bias as the BoE may look to pause rates?
Recent economic data from the UK has fuelled speculation that the Bank of England is starting to consider pausing interest rates hikes in the UK. Furthermore, some recent speeches from MPC members, have added fuel to this speculation. BoE’s Governor…
Will the GBPUSD fall out of the BoE meeting?
Next week the Bank of England meet and expectations in short term interest rate markets are that they will hike rates again. However, there is uncertainty about whether that will be a 25 or 50bps rate hike. The current expectation is around a 60/40 split in favour of just a 25 bps hike.
Time for GBPUSD to erase the BoE’s falls?
On Thursday last week the Bank of England made a 50bps hike as expected. However, the decision was ultimately seen as a dovish one as the Bank Of England left open the possibility that it could be the last hike of…