GBPUSD is poised for a breakout
Updated
GBPUSD is poised for a breakout if BOE sounded hawkish tomorrow.
- The Bank’s Monetary Policy Committee meets tomorrow to decide what to do on borrowing costs, which remain at record lows of 0.1%.
- If BOE hinted that it may raise rates in first half of 2022, specially after the inflation hit 10 year high in NOV
- Inflation at 10-year high puts fresh pressure on the Bank of England
- wait for a breakout to buy GBPUSD
- place your stop loss at 1.3150
- The Bank’s Monetary Policy Committee meets tomorrow to decide what to do on borrowing costs, which remain at record lows of 0.1%.
- If BOE hinted that it may raise rates in first half of 2022, specially after the inflation hit 10 year high in NOV
- Inflation at 10-year high puts fresh pressure on the Bank of England
- wait for a breakout to buy GBPUSD
- place your stop loss at 1.3150
Trade closed: target reached
Signals and analysis derived from artificial intelligence models and experts
ChartDepth.com?utm_source=tradingview
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ChartDepth.com?utm_source=tradingview
play.google.com/store/apps/details?id=com.chartdepth.ai
apps.apple.com/gb/app/chartdepth/id1560762940
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