BOE meeting coming up

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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Skerdian Meta
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Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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