SYFX

GBP/USD Breaking Lower, Lift Likely if Bank of England Rules Out NIRP

Published On: February 4, 2021

Summary

By sueyangfx.com February 04, 2021 at 09:11AM GBP/USD has broken downwards from a rising channel on the charts, suggesting further losses. However, a rally is possible if BoE Governor Bailey rules out negative interest rates in the UK.

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By sueyangfx.com

February 04, 2021 at 09:11AM

GBP/USD has broken downwards from a rising channel on the charts, suggesting further losses. However, a rally is possible if BoE Governor Bailey rules out negative interest rates in the UK.

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