How will the Federal Reserve, the Bank of England, the Bank of Japan, and the Swiss central bank move the market? Watch the weekly video to find out and get trade ideas for Forex pairs, oil, gold, and S&P 500!…
Tag - bank of england
GBP/USD is moving inside the ascending channel. Since it’s in the lower part of this channel, the pair should reverse up and continue moving in zig-zag.
GBP/USD is currently trading within a new selling zone on both short and medium-term, which stands between 1.3915 and 1.3990 which represents its 50% and 61.8%
The Bank of England will publish a monetary policy statement and update on the interest rate on Thursday, at 14:00 MT time.
The Bank of England held a meeting yesterday. The statement was more dovish than expected: there were no policy changes and no new hints about future rate hikes. After that, GBP/USD dropped to 1.3900.
The Bank of England was more dovish than expected and pressed down GBP/USD to 1.3900.
The Bank of England will release its statement and announce its monetary policy decision on June 24 at 14:00 MT.
The week brings us events for the euro, the pound, and the stocks
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It's a very interesting week: the reports of the Australian central bank and Bank of England will be out, also NFP will be released on Friday!
The Bank of England will hold a meeting on May 6 at 14:00 MT (GMT+3).
Bank of England announces the rate and the monetary policy report on March 18, at 14:00 MT time.