Markets are expecting an early rate hike, probably 15 bps in Feb 2022 But, we see no signs of BOE signaling any rate hike before 2nd quarter of 2022; so markets may be disappointed and it will be dovish for GBP/USD. However, we will pay close attention to the votes for change in the QE and interest rate. Watch the video to fully understand our analysis and trading plan.
GBP/USD analysis & trading plan for BOE MPC statistics, Sep 23, 2021 by Keon Consultancy
Updated: Jun 28, 2022
1 more members (total 2) voted to decrease the stock of asset purchases, which should be considered slightly hawkish.