How many BoE rate hikes can the UK economy endure?

5 במאי 2022

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 !