GBP surging on BOE talk - Forex News by FX Leaders

GBP surging on BOE talk

Posted Tuesday, May 24, 2016 by
Skerdian Meta • 1 min read

The bank of England mob are all over the media today. They are commenting on the possible outcome of a Brexit vote and how the BOE can maintain monetary stability. The BOE governor Carney also said that inflation will pick up and if the status quo side wins the referendum the likely outcome on the interest rates would be in favour of the upside. The Pound traders liked these comments and GBP is about 140 pips higher right now.

  GBP/USD broke above 1.46 again

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About the author

Skerdian Meta // Lead Analyst
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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