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BOE meeting coming up

Posted Thursday, May 12, 2016 by
Skerdian Meta • 1 min read

The monthly Bank of England meeting is scheduled today at 11:00 GMT or 12:00 London summer time. The market is expecting no major changes and with Brexit referendum coming up no one would dare to hike the interest rates. In fact, if there are any surprises they would be heading towards dovish not hawkish. The British Pound has declined overnight but has found some buyers in the last couple of hours. 

GBPUSD gearing up for the BOE meeting

 

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