GBPINR - Ways2Capital

GBPINR trading range for the day is 89.67-90.51.

GBP rebounded after BOE kept interest rates on hold but a vote for a hike by its chief economist heightened expectations.

Investors had been pessimistic about the chances of the British central bank offering strong guidance about a rate hike in the near future.

BoE’s Policy Committee voted 6-3 to keep rates at 0.5 percent, with chief economist Andy Haldane unexpectedly joining those calling for rates to rise to 0.75 percent.

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