Monetary Policy Committee

GBPUSD Forecast June 19, 2017, Technical Analysis

The British pound rose slightly during the day on Friday, grinding towards the 1.28 handle. The 1.28 level is obviously offering a bit of resistance, but it appears that the market is stubbornly trying to break above there.

GBPUSD Could Drop Below 1.26 If BoE Is Dovish

The Bank of England’s Monetary Policy Committee is almost certain to keep interest rates unchanged today despite inflation rising well above its 2% target.