UP and down we go for GBP after BOE 22 March
The change in vote count from 9-0 to 7-2 was the catalyst to send the pound immediately higher but rally sellers,including me, were poised to sell as per my preview.
GBPUSD lows of 1.4145 from 1.4221 highs. EURGBP 0.8704 from 0.8665
Got to love the algo-led knee jerks sometimes and today worked a treat. Even shorts caught on the move had a chance to get back in and that's key to trading too. I warn before all these major risk/data events to have your entry/exit level ready to jump on any excessive moves
Nothing in the Minutes to add to the already hawkish tones/expectations so let's see what else plays out today. JPY demand still notable as USDJPY breaks 105.50 and GBPJPY down at 149.20 session lows capping cable rallies above 1.4160 so far