A Blog of Commentary and Ideas from an FXstreet Premium Member by 
Hi Everyone!
The “surprising” move for a historical Rate Cut out of the U.K., despite a significant decrease in Jobless Claims being the lowest since the week of October 11th, has continued to propel the Majors into appreciation.
The BoE Rate Cut was surprising in my personal view… as a full Basis Point would not have shattered my world at all.
OK… call me a “Perma-Bear” if you want on the U.K. economy…but the Fish ‘N’ Chips are just not the same these days are they!… hee hee 
“CVJ…You should not talk…things in your neck of the world in the U.S. aren’t exactly in top form now, are they!”… I can hear the CVJ Fan Club guys say… 
But… the Queen is at least back on dry land…so let’s have a look!
(Post-time is 14:00 GMT)
(click once for the capture)
We can check in and see if we simply move into consolidative activity or continue with overall intraday Bullish sentiment!