4:30am UK MPC Meeting Minutes Forecast 0-0-9 Previous 0-0-9
ACTION: (GBP/USD) Depending on Market Condition
Bank of England Monetary Policy Committee will issue detailed minutes over the interest rate decision 2 weeks ago, along with vote count and other issues discussed in the meeting. This is usually a very high impact news event as traders look for clues of BOE’s future monetary policy direction.
UPDATE: Market reacted with a renewed sense of risk appetite immediately after the MPC Minutes, however the movement didn’t have enough momentum to push the market. Watch the video below as I explain my trading decision and my live entry.