Seller in the GBPUSD are making a play ...Middle East

The GBPUSD fell earlier today. The BOE kept their policy rate unchanged today. However, as Justin pointed out in his posts after the decision, the Bank of England's latest statement includes subtle dovish hints suggesting potential rate cuts in the near future. In the forward guidance, the BOE added, "As part of the August forecast round, members of the Committee will consider all of the information available and how this affects the assessment that the risks from inflation persistence are receding." This points to the possibility of a rate cut in August if current data trends continue.Additionally, the BOE is already finding excuses to dismiss the stubbornly high services inflation. They s

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