Market Overview

GBP/USD Little Lower Ahead of BOE

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GBP/USD is trading at 1.3319, down 0.0015.

The pair is trading rangebound and a little lower on the day as overseas forex traders wind down trading ahead of the Bank of England (BOE) policy meeting Thursday morning.

Market chatter about U.K. and U.S. economic data is ongoing and has kept both buyers and sellers active.

Thursday morning the Bank of England (BOE) is scheduled to announce its decision on interest rates and release the bank's inflation report at 7:00 a.m. ET. A press conference held by Bank of England Governor Mark Carney is scheduled to follow the decision at 7:30 a.m. ET.

Posted-In: british pound GBP/USDFutures Forex Markets

 

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