“It is misleading to talks of a strong recovery in the UK given the very low base for a rebound,” Jonathan Haskel, a member of the Monetary Policy Committee (MPC) of the Bank of England (BoE), said on Friday. “If you go down by 25% then you go up by 25% it doesn’t take you back to where you started,” Haskel said and added that he sees little risk of sustained above-target inflation in the UK. Market reaction The GBP/USD pair showed no immediate reaction to these remarks and was last seen losing 0.58% on a daily basis at 1.3812. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD: Boris’ reopening insufficient vs King Dollar as stimulus set for sign-off Yohay Elam 1 year "It is misleading to talks of a strong recovery in the UK given the very low base for a rebound," Jonathan Haskel, a member of the Monetary Policy Committee (MPC) of the Bank of England (BoE), said on Friday. "If you go down by 25% then you go up by 25% it doesn't take you back to where you started," Haskel said and added that he sees little risk of sustained above-target inflation in the UK. Market reaction The GBP/USD pair showed no immediate reaction to these remarks and was last seen losing 0.58% on a daily basis at 1.3812. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
