UK BOE Interest Rate Decision is likely to remain unchanged and most likely a non-event as recent economic data supports a wait-and-see approach… However, we’ll be ready to trade if BOE surprises the market today.
7:00am (NY Time) UK BOE Interest Rate Forecast 0.50% Previous 0.50%
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 | February 6, 2014 | Currency News
February 3, 2014 by Leave a Comment