Where to buy GBP ahead of the Bank of England decision

Discussion in 'Fundamental Analysis' started by ForexLive, Oct 7, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    FX commentary from Credit Agricole ahead of the BOE decision on Thursday: Cable is up 90 pips to 1.5317 today and EUR/GBP is down 68 pips to 0.7335. "With rates markets now pricing in a lift-off around August 2016, chances are that the upcoming UK data releases and BoE rhetoric could encourage investors to front load rate hike expectations.

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