We took advantage of the long position shared earlier on EUR/GBP 💰, and now the trend has shifted — we're currently shorting 📉.
🗞 Yesterday, the Bank of England cut interest rates from 4.25% to 4.00% 🇬🇧.
The decision wasn’t unanimous among the 9 members of the Monetary Policy Committee (MPC): 5 voted in favor of the cut and 4 against, whereas markets had expected a much stronger majority of 8 to 1.
🗞 Yesterday, the Bank of England cut interest rates from 4.25% to 4.00% 🇬🇧.
The decision wasn’t unanimous among the 9 members of the Monetary Policy Committee (MPC): 5 voted in favor of the cut and 4 against, whereas markets had expected a much stronger majority of 8 to 1.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.