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GBP/USD Trades to Lowest Level Since 1985!

Started by PocketOption, Sep 08, 2022, 09:34 am

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PocketOption

Sep 08, 2022, 09:34 am
GBP/USD Trades to Lowest Level Since 1985!

Worries that high inflation and an economic slowdown could cause a recession are outweighing any BOE rate hike expectations. The Bank of England meets on Thursday next week and markets are pricing in a 75bps hike to bring the overnight rate to 2.50%. With expectations of such a large rate increase, one may expect that […]


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