Analysts at Nomura have noted that the latest Bank of England (BoE) move on rates is a GBP-positive move, and are calling for GBP long positions, favouring an exposure to shorting the EUR/GBP pair. Key highlights Following this week’s rate hike, Nomura expects another rate increase in February 2019. Analysts note that the BoE is showing very little concern over recent misses for inflation, as well as disregarding ongoing global trade tensions. Nomura is focusing on EUR/GBP short positions in favour of outright GBP/USD long positions, especially after the Sterling softened following the BoE decision. 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 USD/JPY: has rallied in Tokyo open, eyes on 100-4hr SMA at 111.80 FX Street 5 years Analysts at Nomura have noted that the latest Bank of England (BoE) move on rates is a GBP-positive move, and are calling for GBP long positions, favouring an exposure to shorting the EUR/GBP pair. Key highlights Following this week's rate hike, Nomura expects another rate increase in February 2019. Analysts note that the BoE is showing very little concern over recent misses for inflation, as well as disregarding ongoing global trade tensions. Nomura is focusing on EUR/GBP short positions in favour of outright GBP/USD long positions, especially after the Sterling softened following the BoE decision. 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.
