What now for the pound after Carney & Co feed the doves
Time for a closer look at the pound as Carney explains the inflation report
1.5240/50 has held support going back through September
GBPUSD H4 chart
Below there we get to the 1.5200/10 level which comes one stop from the 1.5170 level
Resistance is already forming at 1.5300 and support may start building at 1.5270. The market may just be holding off for now while it waits for the Q&A. If there's no material change in rhetoric to the statement then we could see the downside continue after he's wrapped up