How many BoE rate hikes can the UK economy endure?
The BoE is expected to hike its policy rate by 25 basis points for the fourth straight time in May. The vote split could provide a key clue about the rate outlook.
In regard to that, price as turned away from the RESISTANCE level and we expect #EURGBP to go bearish uptill or beyond @0.84180.
NOTE: observe all risk management measures !
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