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BoE Rate

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85% expectation of a UK rate hike tomorrow but GBPUSD and FTSE seem a little bit cautious so perhaps the move is not fully priced in. Always the possibility that Carney may surprise so there may well be room for movement after the decision and presser tomorrow.

 

IG, Dailyfx and Forex factory all forecasting a 0.25% increase taking the rate to 0.5%.

 

boe.PNGFTSE100(£)Daily.png0111.pngGBP-USD_20171101_11.06.png 

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