Inflation is too hot 2.9%. They should hike to reduce inflation . But they said it clear no hike will come till 2018. BOE may be out of options to leave rate unchanged
Potential sell area 1.6106-1.6162 we have a chance of making 115 and 337 pips shorting.. SL 1.6190 would be good.. If they dont hike this is a good trade to take.