The Bank of England decided to take a wait-and-see approach during its March monetary policy meeting and left its benchmark interest rate unchanged at a record low of 0.1% and the bond-buying programme at £875 billion as widely expected. BOE will not tighten policy before evidence of good progress on inflation. UK GDP is projected to recover strongly over 2021 towards pre-Covid levels and CPI inflation is expected to return towards the 2% target in the spring. Bank rate votes 0-0-9 vs 0-0-9 expected
GBPUSD fell slightly after today's BOE rate decision and is heading towards 200 SMA (red line). Source:xStation5
Economic calendar: Canadian labor market and Michigan Index (06.02.2026)
🔵 ECB Press Conference (LIVE)
BREAKING: ECB maintains rates in line with expectations!💶
BREAKING: Bank of England holds rates as expected 📌 GBPUSD ticks down on dovish vote split 📉
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