Tag Archives: British Pound

Bank of England Inflation Report, Pound (GBP) May Weaken If Not Much is Done

Posted on March 7, 2011 by

At the meeting in February, three members voted in favour of lifting rates whereas six members voted to keep the base rate unchanged at 0.5%. Since then, Q4 GDP has been revised lower to -0.6% and the service PMI index … Continue reading →

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Suffering As Risk Aversion Increases, GBP Requires Good Data for Stand Apart from Euro-Zone Woes

Posted on December 13, 2010 by

Fundamental Forecast for British Pound is Bearish (overall, to get weaker). Bank of England Keeps Policy on Hold, Stays Mum Again. Short Entry Sought as British Pound Upswing Stalls vs USD. The British Pound is firmly anchored to underlying trends … Continue reading →

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BoE Minutes To Set Tone For Future Price Action

Posted on November 15, 2010 by

Fundamental Forecast for British Pound is Bullish (overall to get stronger). BoE Forecasts Inflation To Stay Above Target in 2011. Industrial Outputs Expand For Third-Month. The British Pound outperformed against its currency counterparts as the Bank of England dropped its … Continue reading →

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