Bank of England (BoE) news

The Bank of England (BoE) is the central bank of the United Kingdom. Its primary objective is to maintain price stability, targeting a 2% inflation rate. The BoE uses interest rate adjustments and quantitative easing to influence the economy and achieve its inflation target. It also plays a key role in ensuring financial stability in the UK.

UK labor report gives pound a reality check: What's next for GBP
The latest UK labor report signaled cracks in the economy, with wage growth slowing and employment softening. Persistent inflation leaves the BoE limited room to cut rates, heightening stagflation risks. After months of resilience, the pound’s outlook is clouded by weaker fundamentals and fragile consumer demand.
by Elior Manier
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GBPJPY rejects 200.00 mark as sellers defend the range
GBPJPY remains trapped in a year-long consolidation despite its reputation as one of FX’s most volatile pairs. After climbing from April lows near 184.50 to just above 201.00, sellers defended the 200.00 handle, halting momentum. We review multi-timeframe charts to assess whether this rejection signals a deeper pullback or a looming breakout.
by Elior Manier
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