mariosimon

GBPCAD possible long - interest rates decission comming

Long
FX:GBPCAD   British Pound / Canadian Dollar
Forming possible diamond reversal pattern?
waiting for the BoC decision on "historic" rates hike
the UK inflation prediction for Q4 is 10%, will the BoE step in?

Traders are betting the Bank of England will deliver a historic half-point interest-rate hike by September
That would be the biggest increase since before the central bank gained independence in 1997
www.bloomberg.com/ne...nt-hike-by-september

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