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Governor Bailey To Discuss Economic And Monetary Policy

UK

BOE Governor Bailey at the bottom of the hour:

  • Discussion on economic and monetary policy
  • Link here: https://www.piie.com/events/macro-week-2022
  • GBPUSD trading close to the bottom of today’s range amid the renewed strength in the US dollar.
  • Attention remains on the bear trigger at 1.2974, Apr 13 low. The primary trend remains down and a breach of 1.2974 would confirm a resumption of bearish activity and open 1.2933, the Nov 5 2020 low. Key short-term resistance is at 1.3147, the Apr 14 high.

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