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Bank of England - "Super Thursday"
The Bank of England will provide it's view on the UK economy and inflation. Some analysts are predicting a hawkish BoE, if that is the case there are rumours of stop loss buyers above 1.3000.
However there are Brexit concerns aplenty for the medium term which could easily holt a short term rally.
- Bank could raise inflation forecasts and cut growth
- UK interest rate decision 12:00
Sterling has dropped this morning following poor industrial production figures indicating a sharp slowdown in the economy.