BREAKING: BoE Bailey: To cope with inflationary pressures, we need to take the necessary measures

Comments from BoE governor after the publication of interest rates decision:

- There are signs of more sustained price pressures which are worrying us

- In order to cope with the inflationary pressure, we need to take the necessary measures

- Omicron is a very important issue that will undoubtedly have a big impact on the economy

Looking at the GBPUSD at H4, price is testing a key resistance at 1.3350. Whether the currency pair manages to break higher will determine the direction of the trend in the medium term.

GBPUSD H4. Source: xStation5

20 March 2026, 18:55

Daily summary: Wall Street sells off, gold sells off, dollar keeps winning the risk-off (20.03.2026)

20 March 2026, 17:29

Three markets to watch next week (20.03.2026)

20 March 2026, 13:32

The bond vigilantes are after the UK once more

20 March 2026, 08:57

Chart of the Day: EURUSD Under Pressure from the Fed, the Persian Gulf, and Inflation

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Forex

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