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How long can the GBPUSD rally following the BoE rate decision?

by Neville Hornsey
23 September 2021
in Forex
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The pound has appreciated against the euro and US dollar today as the Bank of England MPC voted 7-2 to keep the asset purchases at current levels. The market expectations were for the votes to come in 8-1, so this is a slightly more Hawkish decision. Inflation is running above target and there are worries around the global recovery considering the Delta variant is causing so much havoc still.

For more trading details, please check the hyperlinks with time stamp indicated from the video:

0:50 GBP/USD

1:15 EUR/GBP

Tags: BoEEURGBPGBPUSDMonetary PolicyUS Dollar
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