Extending Rebound Ahead of BoE Policy Meeting – MUFG

Extending rebound ahead of BoE policy meeting – MUFG

The post Extending rebound ahead of BoE policy meeting – MUFG appeared on BitcoinEthereumNews.com. The Pound has continued to strengthen ahead of the Bank of England’s policy meeting. EUR/GBP has broken below support from the 200-day moving average at around 0.8650. This strengthening is attributed to reduced UK fiscal and political risks and signs of growth momentum in the UK, notes Lee Hardman, MUFG Senior Currency Analyst. Pound strengthens b…

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