SignalSwiss

$GBPJPY: Medium Term Outlook (Part II)

FX_IDC:GBPJPY   POUND STERLING / YEN
495 4 17
Bullish Target complete!
The Bank of England released its latest minutes on Wednesday which showed that it was an unanimous decision (9-0) in May to keep interest rates unchanged at 0.5%. While there will a range of views over the most likely path for interest rates, all the members agreed that rates more likely than not to rise over 3 years and members also viewed the UK 10-year gilts yields remained unusually low despite the increase experienced in April. The MPC             also noted that the markets brought forward rate hike expectations after the release of the April MPC             minutes and it also viewed that zero inflation rate environment unlikely to last and the members expect a notable increase in inflation towards end of 2015.


Look at our Analysis:
(Click and Play it!)
GBPJPY: Medium Term Outlook

I do appreciate all views be it a like or comment, and if you subscribe to this analysis, you will receive all of our real-time update!

SignalSuisse
SIGNALSWISS TRADING ROOM (www.nonsolotrading.com)
Our service is recommended to Professional Traders.
Are you a regulated Broker? Contact us!
shayalmathew
2 years ago
Are you expecting a pull back here ?
Reply
anish_206
2 years ago
@SignalSuisse , do we short now with stops at 190.70 ?
Reply
khmamed
2 years ago
thanks for sharing. I think we will see a big bullbak to point B. what you think?
Reply
shayalmathew
2 years ago
I have feeling it may go to 194.00+ before a big fall!
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out