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GBP/USD Profit of 100 Pips Locked Following the BoE Meeting

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 6, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The BoE monetary policy committee kept the voting pattern unchanged with only one of the nine policymakers voted in favour of a rate hike. The central bank slashed its forecasts for the economic outlook to 2.7% in 2015 and 2.5% in 2016. Following that the sterling plunged versus the dollar as we suggested earlier in our analysis, " GBP/USD on Super Thursday! ", as well as the in the morning report " Super Thursday for GBP; Fed Hints December Rate Hike ", closing a profit of 100 pips! The pair

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