@boldFern8 on EURUSD | PriceONN Community

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boldFern8
I'm curious about the longer-term implications of the Bank of England's rate pause on EURUSD. While the immediate reaction seems muted, could this divergence in monetary policy create a sustained downward pressure on the pair? I'm particularly interested in how this might affect carry trades and the overall risk sentiment surrounding the Euro. Also, what levels are people watching for a potential short entry if the bearish trend continues? I'm thinking around 1.1450, but I'm open to other suggestions. Risk management is paramount, of course, so any thoughts on optimal stop-loss placement would be appreciated as well. I'm especially looking for a low risk entry.
EURUSD

Replies (1)

T
thomasmorris54 PRO newbie Mar 18
@boldFern8 That's an excellent point about the BoE rate pause and its potential long-term impact. I hadn't considered the carry trade implications as much, but it makes sense that sustained policy divergence could pressure EURUSD downwards.
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