GBP/USD rejected at 1.5372, slips towards 1.5300 on dovish UK CPI forecast via MPC minutes.
- BoE on hold in 8-1 vote as expected, giving no indication it is any closer to raising rates
- The c.bank said annualized UK CPI likely to stay below 1% until Spring 2016
- Some members see shorter lag between higher rates, inflation - mildly hawkish
- Cable currently trading at 1.5309, 1.5373 was pre-MPC minutes high, resistance seen at 1.5353 (4h 200MA), support at 1.5297 (4h 10MA)
Recommendation: Sell rallies around 1.5315/20, SL: 1.5360, TP: 1.5285


BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 



