Don’t waste your time – keep track of how NFP affects the US dollar!

Data Collection Notice

We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.

facebook logo with graphic

Join Us on Facebook

Stay on top of company updates, trading news, and so much more!

Thanks, I already follow your page!
forex book graphic

Beginner Forex Book

Your ultimate guide through the world of trading.

Get Forex Book

Check Your Inbox!

In our email, you will find the Forex 101 book. Just tap the button to get it!

FBS Mobile Personal Area

market's logo FREE - On the App Store

Get

Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

76.5% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

How to trade GBP after Bank of England’s report?

How to trade GBP after Bank of England’s report?

Information is not investment advice

What will happen?

The Bank of England will hold a meeting on May 6 at 14:00 MT (GMT+3). This event will be watched by many traders as it may have a significant impact on the British pound. However, we should be ready that it can be uneventful for markets as BOE Governor Bailey is likely to stick to the general phrase of all the major banks: ‘low rates until the pandemic is over.’

How to trade on BOE statement?

Follow the BOE’s meeting and try to catch the overall tone of the central bank. Besides, keep an eye on the news during the event and after it.

  • If the BOE gives optimistic projections about the UK’s recovery, the GBP may rise;
  • If the BOE speaks about the UK economy in a negative light, the GBP may fall.

Check the economic calendar

Instruments to trade: GBP/USD, EUR/GBP, GBP/CHF, GBP/CAD

push_GBP.jpg

LOG IN

Similar

Will the Fed Surprise Investors?

The Federal Reserve will make a statement regarding the future monetary policy on Wednesday, June 15, at 21:00 MT time (GMT+3).

Popular

How Will US PMIs Affect the USD?

The US Markit will publish Flash Manufacturing and Flash Services PMIs (purchasing managers' indices) on June 23 at 16:45 GMT+3.

Will Fed Chair Powell Move the USD?

The Fed Chair Jerome Powell will testify on the Semi-Annual Monetary Policy Report before the House Financial Services Committee on June 22-23 at 17:00 GMT+3.

Choose your payment system

Be on top of your game

Callback

Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later