Pound Retreats Following BoE Decision

Posted On 20 Jun 2019

Tag: GBP

As expected, the Bank of England maintained key rate at 0.75 percent and quantitative easing at GBP 435 billion. The pound pulled back against its major counterparts after the decision.

The pound was trading at 1.2693 against the greenback, 136.82 against the yen, 1.2513 against the franc and 0.8907 against the euro around 7:02 am ET.

The material has been provided by InstaForex Company – www.instaforex.com

Source:: Pound Retreats Following BoE Decision

About the Author

InstaForex brand was created in 2007 and at the moment it’s a top choice of more than 2,000,000 traders. More than 1,000 clients open accounts with InstaForex every day. All InstaForex clients get great opportunities for effective trading on the forex market, as well as on-time technical and customer support