Not all is well with GBP/USD. That was the message from the currency market on Thursday. While 25 bps hike by the Bank of England (BoE) was widely expected, the narrow vote of 5 to 4 against raising rates by 50 bps was not. Read More…

GBP/USD Forecast: Are pound bulls already losing faith?

GBP/USD has advanced to its strongest level in two weeks at 1.3629 on Thursday with the initial reaction to the Bank of England’s (BOE) rate decision but struggled to preserve its bullish momentum. The pair trades in negative territory below 1.3600 early Friday as markets gear up for the US January jobs report. Read More..

BoE February meeting reaction: Hawkish vote on rates sends GBP higher

The Bank of England raised interest rates for the second time in as many months on Thursday, while suggesting that it may be prepared to continue tightening policy in an aggressive manner at upcoming MPC meetings. Read More…

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