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  • BOE Monetary policy summary and minutes of the Monetary Policy Committee meeting

    From bankofengland.co.uk Story is in PDF Format

    The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy in order to meet the 2% inflation target and in a way that helps to sustain growth and employment. At its meeting ending on 6 October, the MPC voted by a majority of 8 - 1 to maintain Bank Rate at 0.5%. The Committee voted unanimously to maintain the stock of purchased assets fin anced by the issuance of central bank reserves at £375 billion. Twelve - month CPI inflation was zero in August, well below the 2% target rate. Around three - quarters of that deviation reflects unusually low contributions from energy, food and other importe d ... (full story)

down???
sell gbp to 1.49
It is a wave correction ,,, Will go up soon ,,,,,Regards
Quoting mazchaudhry
It is a wave correction ,,, Will go up soon ,,,,,Regards
Quoting mazchaudhry
It is a wave correction ,,, Will go up soon ,,,,,Regards
LOL
Quoting saeeeed
sell gbp to 1.49
lol
I dont think up gbp
Quoting mazchaudhry
It is a wave correction ,,, Will go up soon ,,,,,Regards
this because u have open long on the top?
lol
I think GBP going down not up
Look for 1.5250 to the downside...if broken say hello to 1.5150 today...
When Scalpers win, I lose and Vice varsa...
Quoting mazchaudhry
It is a wave correction ,,, Will go up soon ,,,,,Regards
I agree with you and that is why I am on the side lines
It is Long for past 5 days ,, already 185 pips in profit ,,,,It is correction ,,,, do not panic .
sell stop GU 1.5295, and hold it...
i looking for long n be cool....find best entry for max profit...
Blimey, and I thought we were doing so very well !!
Quoting Yossuan
LOL
Absolutely correct
gbp has just gone up 260 ish pips and because it corrects 50 pips people are now in bear mode again............. CHILL out its at a daily flip area which would have caused a bounce news or not........... Bull engulfing candle on the day, bouncing off weekly demand that caused the highest high of recent months....Demand in control and until that weekly area is removed, over all its bullish, highs being removed lows being respected, watch the daily 21 ema for a retest from above and then make a decision
Quoting iaveight
gbp has just gone up 260 ish pips and because it corrects 50 pips people are now in bear mode again............. CHILL out its at a daily flip area which would have caused a bounce news or not........... Bull engulfing candle on the day, bouncing off weekly demand that caused the highest high of recent months....Demand in control and until that weekly area is removed, over all its bullish, highs being removed lows being respected, watch the daily 21 ema for a retest from above and then make a decision
nothing has changed with the members views.So its in the selling mode. Already it has crossed the intra day pivot point level.
Quoting iaveight
gbp has just gone up 260 ish pips and because it corrects 50 pips people are now in bear mode again............. CHILL out its at a daily flip area which would have caused a bounce news or not........... Bull engulfing candle on the day, bouncing off weekly demand that caused the highest high of recent months....Demand in control and until that weekly area is removed, over all its bullish, highs being removed lows being respected
i sent u msg
thank you
gbpusd/ technically looks up but news is not supporting that , badd entry few hours ago lets see what is waiting for me.
Quoting forexreward.
gbpusd/ technically looks up but news is not supporting that , badd entry few hours ago lets see what is waiting for me.
but 89ema is acting as support and the RSI has not gone past the 50 levels.So thats why ts dragging back and also our BIG BROTHER FOMC is in the que.
also u have to consider the(interest rate voting) 1-0-8 and (asset purchase voting) 0-0-9. It has printed the same as it was before.
Where is EuR/GBP going after this?
Before the end of 24 hours to the news release ,,, Correction is complete and Gbp is going up ,,,, Yesterday correction was caused by USD index ( Not by Gbp ) ,,, Think twice before posting something on any Forum ... Regards
agree
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