⚡️GBP/USD posted small gains last week as the British Pound attempted to resilient against its rivals on the hawkish Bank of England (BoE). However, the pair still stands strong to start the week as investors refrain from taking large positions ahead of important data releases and events.
⚡️After data from the UK revealed last week that wage inflation remained high and core consumer inflation remained high in early summer, markets began pricing in late-term BoE rates. higher.
⚡️UK inflation indicators and how they might affect the BoE's monetary policy, "BoE will raise its benchmark interest rate two more times through year-end.
⚡️What is your opinion? can let me know in the comment section, thanks.
* Win the market with Krado *
⚡️After data from the UK revealed last week that wage inflation remained high and core consumer inflation remained high in early summer, markets began pricing in late-term BoE rates. higher.
⚡️UK inflation indicators and how they might affect the BoE's monetary policy, "BoE will raise its benchmark interest rate two more times through year-end.
⚡️What is your opinion? can let me know in the comment section, thanks.
* Win the market with Krado *
Trade active:
🌟 Hit TP congrats everyone.🌟
🌟 Let's stand with Krado in the next plans🌟
🌟 Let's stand with Krado in the next plans🌟
Trade closed: target reached
⚡️Great⚡️