Traders assailed the Bank of England | 05 November 2021

05 November 2021, GBP/USD

Traders assailed the Bank of England

GBPUSD trading plan:

Traders assailed the Bank of England for not delivering an interest rate rise they had bet on, in what may be a sign of things to come as central banks around the world tread carefully to balance inflation risks and economic growth. Thursday’s 7-2 vote against tightening policy triggered a 1.5% drop in sterling and a jump in government bond prices, while money markets that had also priced in a second hike before year-end pushed back their bets to February. Bailey defended the decision here in a news conference, saying policymakers had never indicated they would act at a particular meeting.

Investment idea: sell 1.3518 and take profit 1.3470.

David Johnson
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.
manager photo manager photo
Online-support
Dengan senang hati, kami akan menjawab pertanyaan Anda

Tulis

Get bonus