GBP/USD: Today’s key event. Fundamental analysis for 14.07.2016

Forex analytics: Today at 13:00 (GMT+2), investors’ attention will be focused on the interest rate decision by the Bank of England. It is expected that majority of the Monetary Policy Committee (MPC) will vote for reduction of the interest rate by 0.25 points, to a new record lows of 0.25%. This decision of the bank can be adopted in expectations of future challenges for the UK economy because of Brexit. ...