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BOE HIKES INTEREST RATES BY 50 BASIS POINTS | InvestmentBell

विश्लेषणबाजार अवलोकनBOE HIKES INTEREST RATES BY 50 BASIS POINTS

BOE HIKES INTEREST RATES BY 50 BASIS POINTS

Bank of England has increased the interest rates from 4.75% to 5%, the highest since 2008 May.

The monetary policy committee aims at controlling the inflation rate in the united kingdom, which is higher than in the USA. USA’s inflation rate for the month stands at 0.1% while UK’s inflation rate is 0.7% and USA’s interest rate is at  5.25% while for UK’s is at 5%.

The interest rate decision has seen GBPUSD rally up to above the 1.28250  mark this is after the inflation date was released yesterday plunging GBPUSD to below the 1.27100 mark.

UK inflation rate for the month of May was 0.7% previously 1.2%.

In my opinion, the GBPUSD direction is not well defined and day traders should be patient for a better entry point.

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मॉरिस-जैकब-वावेरु-गिथुकु65
मॉरिस-जैकब-वावेरु-गिथुकु65
मेरे पास फॉरेक्स और क्रिप्टो ट्रेडिंग में 3 साल का अनुभव है, मैंने मोनेटा मार्केट्स फॉरेक्स ब्रोकर, बिटमार्केट क्रिप्टोकरेंसी ब्रोकर के साथ काम किया है और वर्तमान में एचएफएम के साथ एक इंट्रोड्यूसिंग ब्रोकर के रूप में काम कर रहा हूं। दिन का कारोबार मेरे लिए अच्छा है क्योंकि मुझे यह अधिक लाभदायक लगता है और मैं अपनी व्यापारिक रणनीति का पालन करता हूं। मैं लंदन और न्यूयॉर्क सत्र के दौरान USDJPY, EURUSD और AUDUSD की जोड़ी में व्यापार करता हूं। http://linkin.com/in/morris-jacob-90911817a
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