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Trade the News – Central Bank Monetary Policy

Trade the News – Central Bank Monetary Policy

A Central Bank of a particular country will release a Monetary Policy Report which details the economic analysis and inflation projections, on which the Bank’s Monetary Policy Committee bases its interest rate decisions on. A high reading is seen as positive (or Bullish) for the GBP, whereas a low reading is seen as negative. Today we will be using the example of this data for the UK and applying some relevant setups/strategies for GBP crosses, riding the trend this data creates.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 33.33% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Read our Risk Disclosure.

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