Barclays share price forms risky patterns ahead of earnings — TradingView News
Barclays share price pulled back last week as the Bank of England (BoE) delivered its interest rate decision and as traders waited for its upcoming earnings, which will provide more color about its business. BARC was trading at 480p, down from the year-to-date high 505p. Like other European banks, its stock remains much higher than last year’s low of 221p.
Barclays to publish its earnings on Tuesday
BARC stock price retreated last week after the Bank of England (BoE) delivered its interest rate decision. As was widely expected, the bank decided to leave interest rates unchanged, citing the elevated inflation in the country.
Still, the bank hinted that it may cut interest rates by 0.25% in the coming meeting in March as investors…
