GBP/USD Moves Higher

Comments from BOE head Carney about raising rates and the Inflation report from the BOE have led forex traders to buy GBP/USD. The pair is trading at 1.5360 up 0.0118. The comments are pretty much standard for the BOE. The report looks out two years and some market talk is surfacing that the forecasts by central banks in general have been 'off the mark ' when looking out two years and some traders are skeptical. Trading is expected to be very choppy and market chatter about Greece continues. The pair has moved up rapidly and trading is active.