BOE governor Carney still testifying to the parliamentary TSC 12 July 2016
- level of GBP is helping in these circumstances
- GBP level reflects investor perception of risk
- Pound drop can help UK economic adjustment and improve current account deficit
- long -term economic prospects depend on govt
GBP pairs retreating on the dovish comments/welcome mat for a weaker pound but it's nothing new.
GBPUSD 1.3142 EURGBP 0.8433 GBPJPY 136.35 after 137.03 highs
Update 11.40 GMT : Meeting finished
