Today News: GBP/USD [5 Nov 2021] - Dailyforextrading.net

British Pound Is Under Pressure Ahead
Of BoE Decision

GBP/USD is currently trying to settle back below the support level
at 1.3665 while the U.S. dollar is moving higher
against a broad basket of currencies.

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GBP/USD extends slide below 1.3500 to
one-month lows

The GBP/USD slide was triggered by the Bank of England and
more recently reinforced by a rally of the
US dollar across the board.

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British Pound Price Action Setups: GBP/USD

The British Pound just got crushed when the BoE didn’t touch
rates as many had expected. While the bank does
remain cautious around inflation

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GBP/USD licks its wounds at 1.3500 after
plummeting 200 pips on dovish BoE

The GBP/USD is steady as the Asian Pacific session kicks in,
up 0.04%, trading at 1.3503 during the
day at the time of writing.

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British Pound Gets Hammered After
Bank of England

The British pound has gotten hit rather hard during the course
of the trading session on Thursday as the Bank of
England has decided not to raise interest rates.

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GBP/USD analysis: Is crashed
by central bank

On the announcement, at 12:00 GMT, the GBP/USD started
a decline. During the fifteen minutes following the
release the rate had declined

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GBP/USD sinks as BoE keeps rates unchanged

In the United Kingdom, markets were left surprised as
the Bank of England also opted to keep
interest rates unchanged.

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