Latest MPC News

GBPUSD sees double bottom formation on the daily chart after finding support at 1.5050
GBPUSD retraces back to 1.51 yesterday after plunging from 1.55 as we see a continuation of the down trend
GBPUSD retake 1.5050 despite softer retail sales data
Cable continues extending its gains past the 200 EMA on the daily chart, pushing prices above 1.56 where candles may re-test 1.5675
GBPUSD holds below 1.5200 before the release of Official Bank Rate with the pair retaining its bullish strength
GBPUSD continues to remain below 1.4950 ahead of U.K Retail Sales m/m but continues to be supported at 1.4850
Cable continues to rise pushing prices above 1.56 ahead of U.K Claimant Count Change and BOE Inflation Report
Into the BoE!
May 03, 2018
Edmundas Povilavicius
Into the BoE events today at 11:00 GMT, Bank of America Merrill Lynch and Credit Agricole have shared their views,trades and indicated what to expect