Sterling falls as traders sense BOE hesitancyFor now, the drop in cable is somewhat salvaged by the 200-hour moving average (blue line) @ 1.3099.But the immediate reaction says a lot about how the market is feeling about the BOE's tightening cycle at the moment.Coming into the meeting decision, there were 5 rate hikes priced in (excluding
Source: Sterling falls as traders sense BOE hesitancy (https://www.forexlive.com/news/sterling-falls-as-traders-sense-boe-hesitancy-20220317/)
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