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Bearish GBP Ahead BoE, CBR To Hold Rate

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 28, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    In the wake of the UK vote to leave the European Union, the BoE decided to back away from an immediate response, preferring to wait for the smoke to clear before using its last few shots. Indeed, the BoE will only be able to cut interest a couple of times[​IMG]

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