BoE is widely expected to continue with its tightening cycle, and raise Bank rate by 25bps to 1.00% today. Focus is firstly on the voting, on the whether any hawks would push for faster pace of hikes. Secondly, BoE might make a decision to actively shrink its balance sheet. Thirdly the new economic projections will […]

The post BoE to hike another 25ps, a look at bearish GBP/AUD appeared first on Action Forex.