BoE Haskel: Further increases in Bank rate cannot be ruled out BOE Currencies GBPUSD CentralBanks
"I prefer to lean against the risks of inflation momentum. As difficult as our current circumstances are, embedded inflation would be worse," Haskel said in a speech at the Peterson Institute of International Economics in Washington.GBP/USD is at a key area of support and this could lead to a move back toward trendline resistance or, if bears commit, then we could see a sell-off towards 1.2270.
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