After the decrease in value of pound and US Dollar, Mark Carney, who is governor in Bank of England says the next reserve could be digital.
Those with an interest in the British Pound will be watching the Governor of the Bank of England Mark Carney. What can we expect to happen on GPB? Analysts at ADS Securities provide a sneak peek on what to expect from today’s 22 May British Pound Trading Outlook.
BoE Carney plans stricter UK cryptocurrency exchanges regulation. Mr. Carney has stated that he thinks that a more rigorous regulation framework is necessary in order to limit the illegal use of cryptocurrencies.
Bearish GBPUSD met support at 1.500
GBPUSD breaks below 1.5 yesterday after and finds support at 1.49 before retracing
GBPUSD breached past 1.5150 resistance level
GBPUSD continues to climb ahead of U.S. FOMC Statement. Candles now draw near Fibonacci Retracement 78.6% at 1.5675, which coincides closely with resistance
Experts criticize BoE unconventional monetary policy for several reasons. Mark Carney would be the one facing these challenges before Treasury Committee.