Reply To: Cable Pounded Again After Indecisive Bank of England Statement

#44675
TradersCom
Keymaster

The BOE had been warned there would be more forced selling this afternoon, that’s why we’re getting today’s hastily arranged QE action.

UK 30-year yields are down to 4.09% from a high of 5.09% earlier. That’s a hefty profit for anyone who bought three hours ago.