Pound retreat from 1.6000 highs on early Asian session has extended briefly to a fresh 2-month low at 1.5915, and the pair bounced up strongly ahead of the release of BoE's Monetary policy decision, to erase daily lows reaching 1.5995 high.
The BoE maintain its Bank Rate at 0.5% all time high, and to keep the target of its bonds purchasing programme at GBP 200 billion.
By
M.Zohaib Gadit
Forex Trading Consultant
The BoE maintain its Bank Rate at 0.5% all time high, and to keep the target of its bonds purchasing programme at GBP 200 billion.
By
M.Zohaib Gadit
Forex Trading Consultant
No comments:
Post a Comment
Feel free to comment.