Interactive Investor's head of investment Victoria Schorer wrote in a note that the Bank of England is expected to suspend interest rates after Bank of England Governor Andrew Bailey suggested rates were nearing a peak. said the pound was declining against the dollar. The dollar rose against the pound, she said, after better-than-expected U.S. services Purchasing Managers Index (PMI) data released Wednesday. GBP/USD is trading at 1.2470 after falling to a three-month low of 1.2458, according to FactSet data.
GBPUSD BUY 1.2450 - 1.2470 🔼🔼
✅TP1: 1.2530
🚫SL 1.2430
GBPUSD BUY 1.2450 - 1.2470 🔼🔼
✅TP1: 1.2530
🚫SL 1.2430
