Within this BOE rate decision May 2023 research paper I will compare the effects of the March BEO interest rate decision and it’s impact on the:
- Impact on UK100 (FTSE)
- Impact on DAX40 (German stock market)
- Impact on GBP/USD forex pair
- View all 3 charts
This analysis will give me insights into how the markets reacted to the rate decision, and give me an idea how the markets will react to the next June rate decision.
The charts come from TradingView pro account.
| Date | Rate | Change | Expected |
| 11 May 2023 | 4.50 | .25% | .25% |
Previous Rate Decision March 2023
| Date | Rate | Change | Expected |
| 23 March 2023 | 4.25 | .25% | .25% |
Important
The way I analyse the price action is in 3 places:
- First 10 min Candle Range – Is it up or down and the amount
- Secondly the US Open first 10 min Candle Range
- Thirdly DID it trade above/below the HIGH if BULL or LOW if BEAR bar, of first 10 min Candle by 6pm UK time
- The above is just for my information, I generally look at how the markets reacted
BOE Rate Decision May Impact on UK100 FTSE
BOE Rate Decision May Impact on DAX
BOE Rate Decision May Impact on GBP/USD
GBP/USD Forex Pair Key Analysis
10 Minute Chart
3 Charts in 1 View
