GBP Price Outlook: GBP/USD Downside Beckons Despite Likely UK Rate Hike

The Bank of England is expected to raise UK interest rates today but GBP/USD will still likely lose ground as a 15bps increase to 0.25% has been fully priced in by the markets already.

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How Central Banks Impact the Forex Market

Discover how policies and interest rate hikes of central banks impact forex and trading decisions.

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How to Trade After a News Release

Looking to trade post release? Read on for more on approaching volatile conditions after news events.

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GBP Price Outlook: GBP/USD Downside Beckons Despite Likely UK Rate Hike

The Bank of England is expected to raise UK interest rates today but GBP/USD will still likely lose ground as a 15bps increase to 0.25% has been fully priced in by the markets already.

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