BOE Carney speaking
- business investment likely to fall for a little while longer
- there would be some increases in interest rates over 3 years if economy grows as forecasts
- likely that if Brexit deal is done, UK growth will rebalance
- markets have put relatively low weight on risk of no deal breaks it and have been right so far
The GBPUSD is trading at 1.3023 currently. The low reached 1.13176