GBPCHF Ahead of the BOE Interest Rate Decision

2024年12月19日

GBPCHF Ahead of the BOE Interest Rate Decision

Today, the Bank of England (BOE) is expected to release its rate decision. The BOE is anticipated to keep rates unchanged at 4.75%. If this happens, the GBP could see slight bullish momentum, but nothing significant.

However, considering the improving UK data over the past month, we could see a weaker GBP , if the BOE cuts rates.

The price has already broken out from a bearish pattern.
This movement is very risky, as it is mainly based on the BOE Interest Rate Decision.
These events can easily invalidate patterns, so it is advisable to be cautious.

You may find more details in the chart!
Thank you and Good Luck!

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2024年12月19日

交易進行

2024年12月19日

註釋

GBPCHF - From 1.1331 it reached 1.1276 and should move down more
55 down so far

2024年12月20日

交易結束：目標達成