No shocks there then

The 9-0 vote sent GBP lower but the minutes repeat the ongoing dilemma about the dangers of rate hikes versus the risks of not making the first move sooner rather than later.

GBPUSD back where it started around 1.6970 after posting 1.6947 and 1.7004

EURGBP shied away from 0.8000 and is back to 0.7985 having posted 0.7996 then 0.7969

I did say we’d get a flurry but not to get geeedy again

Good opportunity for both bulls and bears there. The rest of the day and FOMC likely to be a bit of a watershed for short-term direction