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Pound acts blindfold. Forecast as of 04.11.2021 The Bank of E | LiteFinance

Pound acts blindfold. Forecast as of 04.11.2021

The Bank of England is on the verge of tightening its monetary policy. If the BoC officials decide to raise the rate, it will be the first act of monetary restriction among the world's major central banks since the start of the pandemic. How will GBPUSD price react? Let us discuss the market outlook and make up a trading plan.

Fundamental gold forecast for today

The Bank of England, by its admission, approached the November meeting blind. Its officials predict that inflation will accelerate to 5%, but this is not a fact. In addition, the UK jobs report will be released only in the... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/j1FYn