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


Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C.
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 



