Dislikedi think no interest cut = positive for gbp.
I would expect gbp to creep up about 20-30 pips over an hour or 2 if rates are put on hold.Ignored
I dont understand if the house prices figures are bad, It can means that people cant afford the mortgage possibly and the BOE should reduce interest rates to countertract yes? ....if they dont (ie hold) then how is this good for the £ and therfore id say a fall in £ is likely to be seen.
I know nothing about fundamentals..so please correct me if im wrong..