GBP/USD traders await Super Thursday - Scotiabank

Analysts at Scotiabank explained that the GBP remains firm ahead of the “Super Thursday” releases of the BoE policy decision and the central bank’s inflation report. 

Key Quotes:

"Focus is on whether the dissent evident at the last policy decision, when Forbes voted in favour of a rate increase, has strengthened or weakened; consensus expectations suggest the status quo will prevail but this will perhaps be the primary focus for the markets over the next 24 hours or so."
 

EUR/USD: a further close below the 10 dma (1.0924) is highly bearish

Currently, EUR/USD is trading at 1.0865, down -0.09% on the day, having posted a daily high at 1.0899 and low at 1.0858. EUR/USD hit a two-week low a
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