BOE unchanged but 7-2 vote :the Proud Pound lives

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.

• About
• Latest Posts

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here

Latest posts by K-man (see all)

• #Canada #Employment report preview. - November 5, 2021
• Rotation, ROTATION! - November 24, 2020
• $CNH living on hopium? Big week for the Yuan this. - January 13, 2020