UK BOE Interest Rate Decision is not likely to surprise the market as traders and BOE officials alike are waiting for more development on the current economy. With ‘Brexit’ underway, BOE is expected to act if situations were to turn for the worse.
7:00am (NY Time) UK BOE Interest Rate Forecast 0.25% Previous 0.25%
The Trade Plan
I´ll be trading this release using my Spike Trading Method, for more information read: http://www.currencynewstrading.com/how-to-get-started-with-news-trading/
I’d recommend to use the Recommended Pairs from above as they are based on my CSM, which should provide the best combination of currency pairs to trade based on better/worse news… of course, you can also trade the default pair: GBPUSD.
UK BOE Interest Rate | May 11, 2017 | Currency News
May 7, 2017 by Leave a Comment