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GBP/USD Forecast: waiting for the BOE, bullish

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 8, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    The GBP/USD pair advances ahead of the BOE's decision, having held above the 1.5300 level ever since breaking above it last Wednesday. The Bank of England is largely expected to maintain its economic policy unchanged, but ever since they will release the Minutes of the meeting, investors will be looking for clues on how likely are chances of a sooner rate hike. In the previous meeting, just 1 out of 9 MPC voting members pledged for a rate hike, which means that if someone else is ready

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