Brexit risk pushed aside for a while and BOE gives the nod to the May rate hike
UK yields up .Growth expected to pick up further.No respite for the GBP bears, especially through the crosses. EURGBP has finally broken below that 0.8735/50 zone and should now be on its way to 0.8590 ,which saw a few swing levels in 2017 and a target for the descending trend line support.Trading this one from the short side.
Latest posts by K-man (see all)
- Sunday 20.05.2018 FX opening rates - May 20, 2018
- Canada Mar Retail sales MoM 0.6% vs 0.3% expected - May 18, 2018
- Japan April National CPI YoY 0.6% vs 0.7% expected - May 17, 2018