Pound dollar forex forecast pair GBP / USD 10.05.2018
Today, the focus of the players for the sterling meeting of the Bank of England.
Market participants now do not expect the British regulator of rising interest rates, but you can count on positive comments on inflation, as rising energy prices will increase in the UK consumer price index. Today, Mark Carney may declare an increase in inflation to 3% over the summer, which may cause the Bank of England to raise interest rates by 0.25% in the autumn. For British currency is a positive signal. Sterling also can support the situation in the commodities market, oil, black gold quotes taken to new heights, and traded at a maximum with November 2014, as between the pair GBP / USD and Brent oil observed a direct correlation.
GBP / USD recommendation: Buy 1,3560 / 1,3535 and take profit 1,3625.
Company analyst FreshForex