Instrument: GBPJPY
Bullish Preference:
Buy position is envisaged if price trades above 181.493 with take profit at 181.678.
Bearish Preference:
Sell position is envisaged if price trades below 181.010 with take profit at 180.826.
Fundamentals:
12:00pm
GBP MPC Official Bank Rate
Votes Monetary Policy
Summary Official Bank Rate
Comment:
The Bank of England said it would raise interest rates by a half percentage point on Thursday, surprising economists and traders that anticipated a smaller move.
Analysis: SCRUM Team
