Hello every body
what i read from fundamental analysts that rates are the most and no. 1 factor that drive market but it seams that this corelation failed with GBPUSD

For Example ( and these words not my words ) but i looked at charts and it is right notics

1-From 1984 to 1985, the Bank of England (BOE) adjusted rates upward from 8.8% to 13%, all the while Sterling suffered a sharp selloff to an all-time record low of $1.05 per US Dollar.

2-From 1989 to September 1992, the BOE slashed rates from 14.8% to 8.8% EVEN AS Sterling soared past the $2 mark to initiate the now infamous "Black Wednesday" of September 16, 1992: on this day, the Pound was ejected from the European Exchange Rate Mechanism after speculation drove prices out of its allowable daily range.

3-From 1998 to July 2003, the BOE cut rates from 7.5% to 3.5%, a period marked by a powerful, multi-year rally in the British Pound from 2002 until hitting a 12-year high against the US Dollar in 2005.

4-From November 2003 to January 2007, the BOE lifted rates from 3.75% to 5.25%. During this time, Sterling endured a severe downturn from 2005 to 2006 that saw its value hit a two-year low before reclaiming the upside.


and today the hike on GBP was negative !!!! so how can we handle with this dilema

Regards