Market Insight

The latest analysis of popular markets from our team of industry experts.

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GBPJPY could break 148 despite BOE

It’s widely expected that the Bank of England keep interest rates steady in August– but the British pound is rising anyway. The pound can probably weather a dovish BOE and GBPJPY could break 148 resistance if there’s a hawkish surprise.

 

This is LCG’s daily Market Snapshot. Our Senior Market Analyst Jasper Lawler offers a concise analysis of one of the day’s key themes or events and how it could affect the charts of an asset within the stock, forex, indices or commodities market.

 

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