GBP/USD: is more monetary policy easing possible in August? Fundamental analysis for 18.07.2016

Forex analytics: The decision of the Bank of England to keep interest rate at the current level of 0.5% astonished investors, as it was expected that the Bank of England would lower interest rate after the exit of the UK from the EU. In respond to this decision the pair GBP/USD went up by 330 points. Even despite following up comments that the majority of the committee expects more easing in August, at the ...