The bullish rally | 31 1月 2020

31 1月 2020, GBP/USD

The bullish rally

GBPUSD trading plan:

We are expecting a bullish rally! The Bank of England kept interest rates steady. Financial markets had seen a 50% chance of a cut, but the Monetary Policy Committee split once again 7-2 in favor of keeping Bank Rate at 0.75% with external members Michael Saunders and Jonathan Haskel voting to lower rates. "Policy may need to reinforce the expected recovery in UK GDP growth should the more positive signals from recent indicators of global and domestic activity not be sustained or should indicators of domestic prices remain relatively weak," the BoE said in its quarterly Monetary Policy Report. This is a positive factor for the British currency!

Trading recommendation: Buy 1.3077 and take profit 1.3125.

David Johnson
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.