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Pound Slides as BoE Cuts Rates, Expands Asset Purchases

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 4, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The British pound has posted sharp losses on Thursday, following the historic decision by Bank of England to lower interest rates. GBP/USD has lost 150 points and is currently trading at 1.3170. The pound is under strong pressure so the downward trend could continue. The BoE has also expanded its[​IMG]

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