The BoE may not have enough resources | 19 Julio 2022

19 Julio 2022, GBP/USD

The BoE may not have enough resources

GBPUSD trading plan:

The Bank of England may not have enough resources to implement an extra objective of maintaining Britain as a competitive global financial center. Britain's government is due this week to unveil a draft law to exploit post-Brexit "freedoms" to set its own financial rules. But lawmakers have signaled skepticism about giving regulators a secondary competitiveness remit, fearing it could mean returning to "light touch" regulation that ended with banks being bailed out over a decade ago. "The standards that the UK currently holds are, I think, highly regarded internationally," said Marjorie Ngwenya, the finance ministry's pick as new external member at the Bank of England's Prudential Regulation Committee.

Investment idea: sell 1.2080 and take profit 1.2010.

David Johnson
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.