GBP still has some potentials of moving even higher against the USD as a rate hike is widely expected

Hope no surprises will show up.

go long GBP now

Hi

There is a again a change in BOE interest rate.....

The Bank of England is expected to slash their interest rates to the lowest level on record, 1%. In advance of the move the Pound is down against the dollar at 1.4509 dpw about ½ of 1 percent. With Prime Minister Brown making doomsday statements and the central bank on the verge of lowering rates to their lowest levels ever, it seems as if the Euro is in for a bumpy ride in the coming days.