The Bank of England was expected to leave the interest rate unchanged at 0.25%. In previous meetings, one member voted in favor of raising the interest rates because inflation is on the rise. GBP/USD was trading around 1.27 ahead of the event. The decision by the Bank comes on the background of ongoing political uncertainty [...]
The post BOEL 3 voted for a hike – GBP/USD jumps 100 pips appeared first on Forex Crunch.
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