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XTB TRADEBEAT

BoE meeting to provide the catalyst for further GBP gains?

The pound has been one of the standout performers this week after the CPI Y/Y rose back to its highest level since 2013. Tomorrow sees the Bank of England rate decision at Midday, and traders will be watching closely to see if there are any signs of a hawkish shift amongst the rate-setting committee.

Here’s a short video analysing 3 GBP pairs (GBPUSD, GBPJPY and EURGBP) that could be particularly sensitive to the event.

 

 

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