The overall on inflation good contrary to the statements made by the BOE Carney, that there is no rush to raise rates, as it all depends on the other results with the economy before such move would be made.
This is another form of verbal intervention / easing CABLE prices that drove the GBPUSD down to its original starting point of support @1.6745/50. And have stayed just slightly on top of its trend line recovery price @1.6775 as of this writing.Net percentage on trade positions between the GBPUSD, GBPJPY, AUDUSD and AUDJPY remains in positive territory as a main strategic CCY move. The closing prices amongst the majors and cross rates is vital to determine the near term price direction of the market.
After the BOE,,,who's next?
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