GBPUSD is poised for a breakout if BOE sounded hawkish tomorrow.
- The Bank’s Monetary Policy Committee meets tomorrow to decide what to do on borrowing costs, which remain at record lows of 0.1%.
- If BOE hinted that it may raise rates in first half of 2022, specially after the inflation hit 10 year high in NOV
- Inflation at 10-year high puts fresh pressure on the Bank of England
- wait for a breakout to buy GBPUSD
- place your stop loss at 1.3150
- The Bank’s Monetary Policy Committee meets tomorrow to decide what to do on borrowing costs, which remain at record lows of 0.1%.
- If BOE hinted that it may raise rates in first half of 2022, specially after the inflation hit 10 year high in NOV
- Inflation at 10-year high puts fresh pressure on the Bank of England
- wait for a breakout to buy GBPUSD
- place your stop loss at 1.3150
Trade closed: target reached
Signals and analysis derived from artificial intelligence models and experts
ChartDepth.com?utm_source=tradingview
play.google.com/store/apps/details?id=com.chartdepth.ai
apps.apple.com/gb/app/chartdepth/id1560762940
ChartDepth.com?utm_source=tradingview
play.google.com/store/apps/details?id=com.chartdepth.ai
apps.apple.com/gb/app/chartdepth/id1560762940
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Signals and analysis derived from artificial intelligence models and experts
ChartDepth.com?utm_source=tradingview
play.google.com/store/apps/details?id=com.chartdepth.ai
apps.apple.com/gb/app/chartdepth/id1560762940
ChartDepth.com?utm_source=tradingview
play.google.com/store/apps/details?id=com.chartdepth.ai
apps.apple.com/gb/app/chartdepth/id1560762940
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.