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12:05 PM · 30 January 2020

BREAKING: Bank of England leaves rates unchanged, GBP surges

GBP/USD
Forex
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The Bank of England decided to hold interest rates unchanged at today’s meeting with a number of dissenters to the decision remaining at 2. The Bank cut growth outlook and said that it expects CPI to remain below target until end-2021. However, GBPUSD caught a bid after the decision was announced as there were concerns that BoE may decide to cut rates. Press conference of Governor Carney will start at 12:30 pm GMT. 

GBPUSD broke out of its short-term trading range in the aftermath of decision announcement and tested resistance at 38.2% Fibo level of downward move started at the beginning of the year (1.3080). Source: xStation5

10 December 2025, 2:48 PM

BREAKING: BoC holds interest rates unchanged🔎CAD with muted reaction

10 December 2025, 2:34 PM

⌚EURUSD Upside Capped Ahead of Fed

10 December 2025, 1:33 PM

BREAKING: Costs of labor bellow expectations in US!🚨EURUSD muted ↔️

10 December 2025, 9:56 AM

Chart of the day: EURUSD (10.12.2025)

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