FX Watch: GBP/NZD and GBP/JPY Breakdown Setups If the BOE Turns Extra Dovish
Markets appear to have priced in strong odds of a 0.25% rate cut from the BOE, but what if the central bank hints at even more easing to come? Here are potential GBP/NZD and GBP/JPY breakouts I’m watching in this scenario.
![FX Watch: GBP/NZD and GBP/JPY Breakdown Setups If the BOE Turns Extra Dovish](https://bpcdn.co/images/2024/11/19102414/fx-watch-gbpjpy-gbpnzd-blue-pink-niko-780x408.png)
Markets appear to have priced in strong odds of a 0.25% rate cut from the BOE, but what if the central bank hints at even more easing to come? Here are potential GBP/NZD and GBP/JPY breakouts I’m watching in this scenario.