In the last week, GBPINR spot traded mostly in a range bound manner owing to mixed developments in the Britain region. Bank of England’s chief economist Andy Haldane, who voted to keep rates unchanged last week, said he was likely to back an increase in interest rates later this year which was a cheery event.
However, sharp gains were restricted as markets played closed attention to the on-going Brexit negotiations that would shape the economic structure of United Kingdom. Today, GBPINR futures is expected to trade lower towards 82 mark.
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