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GBP/USD – Sinks to three-month low after BoE monetary policy report hearing

Dovish BoE commentary weighs on the pound Two more rate hikes are still heavily priced in Major support below around the 200/233-day SMA band The monetary policy report hearing can often be a much-hyped but ultimately anti-climactic event, with policymakers sticking to the script whenever possible and the Treasury Select Committee frequently blurring the lines […]... Read More

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Gbp

Usd

Sinks

Three

Month

After

Monetary

Policy

Report

Gbp usd

Three month

Hearing

Forex

Posted: Sep 6 2023, 21:40

Author Name: marketpulse

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