Forex (SPOT)Premium

GBP/JPY: Daily & Intraday Analysis awaiting the BoE’s decision

Daily Market Report

Focus now turns to the Bank of England and sterling GBPUSD crept 0.3% higher to $1.2180 and firmed to 86.98 per euro EURGBP in anticipation of rates being held at high levels. Markets price an almost 90% chance the Bank of England keeps rates on hold at a 15-year high later on Thursday, but have not fully priced a rate cut until September 2024 — well after cuts are expected to have begun on the continent.

✅  Register or Login.

Related posts

AUDUSD: Daily Analysis update & Forecast

A.B.

EURUSD: Intraday Analysis & Short Term Forecast

A.B.

Dollar Index: Daily Analysis Update & Outlook

A.B.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More