- The pound continues to advance through Brexit, before the BoE.
- No changes are expected from the English central bank, the focus remains on negotiations.
He GBP / USD jumped above 1.3600 and climbed to 1.3622, reaching the highest level since May 2018. The price remains in the area of the maximums before the decision of the Bank of England (BoE) is known, supported by the expectation of a Brexit agreement.
The UK currency is again among the best performers, the chances of a deal being reached are growing, although not 100%. Officials are optimistic, but still cautious.
In minutes will be the decision of the Bank of england (BoE). No changes are expected in the interest rate, or in the purchase program. If so, the event could have almost zero impact on the pound.
Another factor behind the strong rise in GBP / USD, which rises more than 100 pips on Thursday, is the weakness of the dollar and the appetite for risk. The global stock index is at record highs, which is a positive factor for the pound.
Technical levels
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