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BoE maintains policy

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 12, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    GBP enjoyed a strong day yesterday following last week’s drop‐off against EUR and USD when it became apparent that a reduction in inflationary pressures diminished the chance of an interest rate hike in the immediate future. With that having sunk in over the course of the week, the pound staged a comeback yesterday as it was seen to hit 1.5200 IB versus the dollar, and 1.4200 against the single currency. The boost was certainly aided by some excellent employment data, namely a 73.7% employment

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