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GBP/USD trading signal - BoE Interest Rate Decision - 13 Sep 2018

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Signal details
Entry Price: 
Close Price: 
No Trade
Expiry Time: 
21:00 GMT
How we trade
5/5 of 7 ratings

GBPUSD is trading around 1.3040 ahead of a very busy day with Bank of England in the headlines. Traders would be waiting the monetary policy decisions from BoE to get fresh hints on the rate hike outlook. Although the interest rates are expected to remain unchanged, the tone and language will drive the market sentiment. We would expect the Pound to test 1.2980 level before it close higher on the day.

gbpusd trading signal 13 sep 2018

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.