BoE decided to hold interest rates unchanged at 4% level.
Voting results: 5 members voted to keep rates unchanged, while 4 voted in favor of a 25 basis point cut, compared with expectations of a 6–3 split. Breeden, Ramsden, Dhingra, and Taylor voted for the rate cut. The previous vote result was 7–2. GBPUSD pair loses after the decision, falling below EMA50 on hourly interval.
Source: xStation5
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3 markets to watch next week: GBPUSD, US500, OIL (06.11.2026)
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🚩 EURUSD loses 0.6%