I expect a huge amount of Gbp selling today after BOE decision
A rate cut from 0.50 to 0.25 is expected today from the BOE
There is a chance of easening measures, too
Traders are expected to let go of long Gbp positions and sell after the decision
The release will be hectic, and dangerous to trade ... you never know for sure
This is the reason that I decided to pull the trigger on all Gbp crosses last night
I sold GbpUsd, GbpAud, GbpCad, and GbpNzd, and had a GbpChf sell stop waiting
I took out …
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