$1176 in 11 minutes

MPC Official Bank Rate Voting

On August 6 2015, Bank of England's MPC voting and decision on the interest rate took place. Only 1 of 9 MPC members voted for the bank rate to be changed whereas experts had expected that there would be at least two votes for a bank rate change.
The GBP/JPY currency pair plunged by 147 pips in 11 minutes, which allowed to make $1176 by a sell position, with trading one lot.

BoE Interest Rate Decision


Comments are closed.