Swing Trades: GBP/USD
|GBP/USD: UK MPC Official Bank Rate Votes
The British Pound strengthened against the Greenback, following the UK Interest Rates data release on Thursday. The GBR/USD currency pair gained 54 pip0.s, or 0.41%, to continue fluctuating in the 1.3200 area.
The Bank of England (BOE) released Interest Rates data that came out in a line with a forecast of 0.50% in May, and stayed unchanged from the previous period.
Jeavon Lolay of Lloyds Bank stands: "The surprising switch by Bank of England chief economist Haldane to support an immediate rate hike puts August firmly on the table. There will be even more interest in what governor Carney says tonight at the annual Mansion House speech."
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