Forex in 60 Seconds - Inflation Warnings Send Pound Plummeting

· The BoE offers a forecast of inflation above 4.0 percent; yet the pound plunges…
· The majors are finding themselves at major technical levels, but is there enough of a fundamental push for serious breaks?
[B]Stories to watch on DailyFX[/B]
· A hawkish Fed and dovish RNBZ leads to a sharp reversal in the carry trade.· Will the Bank of England Minutes still be important after the MPC’s letter today? Check our Analysis of the event in our 5 Most Important Events article.
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