Market Overview

GBP/USD Trading Lower, Focus on BOE


GBP/USD is trading at 1.3197, down 0.0023.

The pair is trading rangebound Monday afternoon. Market chatter about Bank of England monetary policy and comments from U.K. fiscal policy officials is constant and has kept both buyers and sellers active.

The Bank of England (BOE) is scheduled to announce its decision on interest rates and release its inflation report Thursday at 7:00 a.m. ET. A press conference held by Bank of England Governor Mark Carney is scheduled to follow the decision.

Posted-In: british pound GBP/USDFutures Forex Markets


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