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The media buzz seems subdued going into the BOE rate decision at 8pm Asia time.

However, I decided to put a Long, Stop if Bid OTM just because……………

At 7:58pm; Spot 1.4388, Long Stop if Bid 1.4420, SL 1.4400

As it turned out, BOE decided not to rock the boat; rate same same at 0.50%, purchase facility at GBP375Mn…….both no change.

Policy statement, tilted slightly to the dovish side.

GBP hardly moved, so I decided to take out the trade.

It’s now 8:45pm and GBPUSD is trading at 1.4392………………..boring!

Looks like no more opportunities for the rest of the week.

I am going to spend Friday with my parents; lunch with my Dad and shopping and tea with my Mum.

Here’s wishing all a good weekend and let’s all get charged up for next week.

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