DislikedMorning all and welcome Eltax!
Cable interest rate decision today- now was yesterday just a day to shake out bulls and trap bears before a rise, or the start of a push lower? We're at the top of a 4hr channel and sitting on a daily trendline. A break out of the channel could bring a significant move, but it's a news day, so there might be a fakey..Ignored
I should think interest rate decisions in the UK are pretty much a given for the rest of this year. Can't see any possibility of them changing it whilst we are still in this slump. Does this deaden the impact of the news when it's such a foregone conclusion?