{"id":13185,"date":"2021-08-05T14:30:00","date_gmt":"2021-08-05T13:30:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=13185"},"modified":"2021-08-06T01:00:22","modified_gmt":"2021-08-06T00:00:22","slug":"the-boe-were-not-hawkish-enough-for-gbpusd-longs","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/","title":{"rendered":"The BoE were not Hawkish enough for GBPUSD longs"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"13185\" class=\"elementor elementor-13185\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8fa931a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8fa931a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4d4b5a4\" data-id=\"4d4b5a4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7769676 elementor-widget elementor-widget-text-editor\" data-id=\"7769676\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><strong>British Pound Forex Analysis<\/strong><\/p><p><strong>Today\u2019s Fundamentals<\/strong><\/p><p>The Bank of England\u2019s Monetary Policy Committee (MPC) has kept the Bank Rate at 0.1%, in line with expectations. They also voted 7 to 1 to keep the central bank&#8217;s Asset Purchases unchanged at \u00a3895 billion. The MPC sets monetary policy to meet a 2% inflation target with the aim of sustaining economic growth and employment.<\/p><p>Regarding recent price pressures, officials said that CPI inflation is projected to rise to 4% in the final quarter of the year before falling back to close to the bank&#8217;s 2% target. The bank of England\u2019s Broadbent said that the Breakeven measures of inflation have been stable and that is the most important measure of inflation.<\/p><p>&#8220;The Committee\u2019s central expectation is that current elevated global and domestic cost pressures will prove transitory. Nonetheless, the economy is projected to experience a more pronounced period of above-target inflation in the near term than expected in the May Report,&#8221; according to the MPC.<\/p><p>BoE Governor Bailey says if the MPC stuck with the 1.5% rate threshold for reducing QE that would be tantamount to saying the BoE were never going to do it. Currently if the BoE raises rates to 0.5% that is their threshold for stopping reinvestments into the APF, if the rate rises to 1.0% this is the point where the bank starts selling assets. It will be interesting to see how the BoE does reduce the APF and how they move away from 0.1% as the UK economy opens up more.<\/p><p>BoE Governor Bailey said the Bank Rate is the main tool for altering monetary policy conditions and that negative rates are part of their toolkit. Back in February the news was that banks had been given 6 months to prepare for negative interest rates, which should mean they are ready now. That announcement followed a speech by Silvana Tenreyro where she outlined the usefulness of negative interest rates.<\/p><p>My main take away from the BoE decisions today is that they talk a Hawkish game but are in no place to currently tighten monetary policy. If inflation runs hot, they still maintain the narrative that it is transitory and while COVID variants dominate the uncertainty within the markets, the BoE is unlikely to move before the US Federal Reserve. Whether or not they surprise the markets with a reduction to the bank rate is probably down to whether we get a spike in COVID-19.<\/p><p><strong>Today\u2019s Current Sentiment<\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-88dc6b1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"88dc6b1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bec1eac\" data-id=\"bec1eac\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d87a5fd elementor-widget elementor-widget-image\" data-id=\"d87a5fd\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"http:\/\/bit.ly\/2Zn4HaM\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"370\" height=\"133\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/08\/GBPUSD-Sent-10.png\" class=\"attachment-large size-large wp-image-13188\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-599fdbd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"599fdbd\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bdf3f60\" data-id=\"bdf3f60\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0e33f5d elementor-widget elementor-widget-text-editor\" data-id=\"0e33f5d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>On the ActivTrader sentiment indicator the bears reduced their positions by 6% but remain very negative towards the GBPUSD.<\/p><p><strong>Today\u2019s Current Technical Setup<\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-010ffcd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"010ffcd\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0f024fe\" data-id=\"0f024fe\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4ae4668 elementor-widget elementor-widget-image\" data-id=\"4ae4668\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"http:\/\/bit.ly\/2Zn4HaM\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/08\/GBPUSD-H1-1-1.png\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5a5b7002 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5a5b7002\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-144c512a\" data-id=\"144c512a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-13f3279f elementor-widget elementor-widget-text-editor\" data-id=\"13f3279f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"http:\/\/bit.ly\/2Zn4HaM\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bec7d06 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bec7d06\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c538e1f\" data-id=\"c538e1f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fc15e70 elementor-widget elementor-widget-text-editor\" data-id=\"fc15e70\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>On the hourly chart the <a href=\"http:\/\/bit.ly\/2Zn4HaM\" target=\"_blank\" rel=\"noopener\">GBPUSD<\/a> is in a descending channel, which I feel will break to the upside eventually and those bearish retail traders will get squeezed out of their positions unless they flip to being neutral or bullish. There is some clear resistance from yesterday\u2019s highs with support from 1.3870-1.3880 zone and the 200-period exponential moving average.\u00a0 Waiting for the hourly stochastic indicator to drop back into the oversold levels may be a good way to plan a long trade. Especially if price can maintain above the hourly 200 ema.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-53cd36a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"53cd36a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f164f06\" data-id=\"f164f06\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8f6d565 elementor-widget elementor-widget-image\" data-id=\"8f6d565\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"http:\/\/bit.ly\/2Zn4HaM\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"545\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/08\/GBPUSD-D1-2.png\" class=\"attachment-large size-large wp-image-13192\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3fa758b6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3fa758b6\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-548611a8\" data-id=\"548611a8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4cb8422c elementor-widget elementor-widget-text-editor\" data-id=\"4cb8422c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"http:\/\/bit.ly\/2Zn4HaM\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bd467ea elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bd467ea\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-219dce6\" data-id=\"219dce6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d61b3c9 elementor-widget elementor-widget-text-editor\" data-id=\"d61b3c9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>I am looking for longs because the GBPUSD is currently holding up above the 20,50 and 200 daily ema\u2019s and is in what looks to be a Bull Flag chart pattern. 1.4000 would be an obvious target to the upside but I have even higher with 1.4090-1.4100 as monthly resistance which from current levels is a good 200 pips higher.<\/p><p>The <a href=\"http:\/\/bit.ly\/2Lg9zs6\" target=\"_blank\" rel=\"noopener\">EURGBP<\/a> continues to find support around 0.8500 which may be hindering further upside progress, but the US dollar index is also struggling to make new highs today having already failed once at yesterday\u2019s high. Timing a long GBPUSD trade should consider what the <a href=\"https:\/\/bit.ly\/3wsfLnp\" target=\"_blank\" rel=\"noopener\">DXY<\/a> is doing and if the EURGBP confirms by going the opposite way, even better.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>British Pound Forex Analysis Today\u2019s Fundamentals The Bank of England\u2019s Monetary Policy Committee (MPC) has kept the Bank Rate at 0.1%, in line with expectations. They also voted 7 to 1 to keep the central bank&#8217;s Asset Purchases unchanged at \u00a3895 billion. The MPC sets monetary policy to meet a 2% inflation target with the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13186,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[56,154,24,20,200,67],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The BoE were not Hawkish enough for GBPUSD longs - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The BoE were not Hawkish enough for GBPUSD longs\" \/>\n<meta property=\"og:description\" content=\"British Pound Forex Analysis Today\u2019s Fundamentals The Bank of England\u2019s Monetary Policy Committee (MPC) has kept the Bank Rate at 0.1%, in line with expectations. They also voted 7 to 1 to keep the central bank&#8217;s Asset Purchases unchanged at \u00a3895 billion. The MPC sets monetary policy to meet a 2% inflation target with the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-05T13:30:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-06T00:00:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/08\/GettyImages-599900180.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"509\" \/>\n\t<meta property=\"og:image:height\" content=\"309\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Neville Hornsey\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Neville Hornsey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/\"},\"author\":{\"name\":\"Neville Hornsey\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85\"},\"headline\":\"The BoE were not Hawkish enough for GBPUSD longs\",\"datePublished\":\"2021-08-05T13:30:00+00:00\",\"dateModified\":\"2021-08-06T00:00:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/\"},\"wordCount\":659,\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"keywords\":[\"BoE\",\"DXY\",\"EURGBP\",\"GBPUSD\",\"Monetary Policy\",\"US Dollar\"],\"articleSection\":[\"Forex\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/\",\"url\":\"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/\",\"name\":\"The BoE were not Hawkish enough for GBPUSD longs - Youtrading UK\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/#website\"},\"datePublished\":\"2021-08-05T13:30:00+00:00\",\"dateModified\":\"2021-08-06T00:00:22+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/youtrading.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The BoE were not Hawkish enough for GBPUSD longs\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/youtrading.com\/en\/#website\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"name\":\"Youtrading UK\",\"description\":\"Leaders in Trader Training\",\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/youtrading.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/youtrading.com\/en\/#organization\",\"name\":\"YouTrading\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"contentUrl\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"width\":2531,\"height\":570,\"caption\":\"YouTrading\"},\"image\":{\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/YouTradingEnglish\/\",\"https:\/\/www.instagram.com\/youtrading_english\/\",\"https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85\",\"name\":\"Neville Hornsey\",\"description\":\"Neville Hornsey holds a BA Honours 2.1 in Professional Media and has been a professional trader since 2007. Neville has worked for several brokerages and prop firms, specialising in the Foreign exchange and Futures markets and blends technical analysis with fundamentals, with a bias towards swing and intraday trade setups.\",\"url\":\"https:\/\/youtrading.com\/en\/author\/nevillehornsey\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The BoE were not Hawkish enough for GBPUSD longs - Youtrading UK","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/","og_locale":"en_GB","og_type":"article","og_title":"The BoE were not Hawkish enough for GBPUSD longs","og_description":"British Pound Forex Analysis Today\u2019s Fundamentals The Bank of England\u2019s Monetary Policy Committee (MPC) has kept the Bank Rate at 0.1%, in line with expectations. They also voted 7 to 1 to keep the central bank&#8217;s Asset Purchases unchanged at \u00a3895 billion. The MPC sets monetary policy to meet a 2% inflation target with the [&hellip;]","og_url":"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/","og_site_name":"Youtrading UK","article_publisher":"https:\/\/www.facebook.com\/YouTradingEnglish\/","article_published_time":"2021-08-05T13:30:00+00:00","article_modified_time":"2021-08-06T00:00:22+00:00","og_image":[{"width":509,"height":309,"url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2021\/08\/GettyImages-599900180.jpg","type":"image\/jpeg"}],"author":"Neville Hornsey","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Neville Hornsey","Estimated reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/#article","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/"},"author":{"name":"Neville Hornsey","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85"},"headline":"The BoE were not Hawkish enough for GBPUSD longs","datePublished":"2021-08-05T13:30:00+00:00","dateModified":"2021-08-06T00:00:22+00:00","mainEntityOfPage":{"@id":"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/"},"wordCount":659,"publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"keywords":["BoE","DXY","EURGBP","GBPUSD","Monetary Policy","US Dollar"],"articleSection":["Forex"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/","url":"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/","name":"The BoE were not Hawkish enough for GBPUSD longs - Youtrading UK","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/#website"},"datePublished":"2021-08-05T13:30:00+00:00","dateModified":"2021-08-06T00:00:22+00:00","breadcrumb":{"@id":"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/youtrading.com\/en\/the-boe-were-not-hawkish-enough-for-gbpusd-longs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/youtrading.com\/en\/"},{"@type":"ListItem","position":2,"name":"The BoE were not Hawkish enough for GBPUSD longs"}]},{"@type":"WebSite","@id":"https:\/\/youtrading.com\/en\/#website","url":"https:\/\/youtrading.com\/en\/","name":"Youtrading UK","description":"Leaders in Trader Training","publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/youtrading.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/youtrading.com\/en\/#organization","name":"YouTrading","url":"https:\/\/youtrading.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","contentUrl":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","width":2531,"height":570,"caption":"YouTrading"},"image":{"@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/YouTradingEnglish\/","https:\/\/www.instagram.com\/youtrading_english\/","https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg"]},{"@type":"Person","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85","name":"Neville Hornsey","description":"Neville Hornsey holds a BA Honours 2.1 in Professional Media and has been a professional trader since 2007. Neville has worked for several brokerages and prop firms, specialising in the Foreign exchange and Futures markets and blends technical analysis with fundamentals, with a bias towards swing and intraday trade setups.","url":"https:\/\/youtrading.com\/en\/author\/nevillehornsey\/"}]}},"_links":{"self":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/13185"}],"collection":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/comments?post=13185"}],"version-history":[{"count":0,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/13185\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media\/13186"}],"wp:attachment":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media?parent=13185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/categories?post=13185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/tags?post=13185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}