malaysia forex trading time–HXFXglobal reminds you:
BOE Rate Hike Vote 8-1, Bearish And Bullish of GBPUSD Be At War
Don’t miss the opportunity to make a profit, check the trends in GBPUSD now>>
Yesterday, in order to resist inflation, the Bank of England announced another 25 basis points to raise interest rates to 0.75%, in line with market expectations. But at the same time, the deputy governor of the Bank of England, Cunliffe unexpectedly said that the rise in commodity prices will have an impact on household income, so he chose not to support the interest rate hikes, and there was an 8-1 vote, which caused the GBPUSD to fall by 0.5% to 1.3085. Coupled with the uncertainty caused by the geopolitical situation in Russia and Ukraine, raising concerns about economic growth, the GBPUSD fell under pressure. However, the US data showed that the labor market has gradually improved, bearish and bullish of GBPUSD are still at war.
The trend of the GBPUSD can be paid attention to…
22:00 U.S. Total Existing Home Sales Annualized(FEB)
22:00 U.S. Conference Board Leading Indicator Monthly Rate(FEB)
Recent developments between Russia and Ukraine War
Which will influence the trend of GBPUSD, investors must grasp the timing of placing orders.
Daily Focus allows you to understand the GBPUSD markets, increase profit opportunities, and immediately seize the opportunities>>>
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