Trading signals



Some traders believe that the BoE will keep the rate unchanged this Thursday. Still, some analysts say that the Governor of the bank may cut them before leaving his seat. 


The main scenario assumes a move to the level 1.3080.

An alternative scenario is a further easing to 1.3020.


Trading recommendations


Any move above 1.3060 would increase chances of testing the 1.3080 mark.

We do not rule out a break of 1.3040 and a decline to 1.3020.