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GBP climbs to five-week high on UK jobs data, BoE rate hike bets

UK jobs data bolstered expectations for a Bank of England rate hike on November 5, driving GBP/USD from around 1.3300 to just above 1.3400.

Original · FXStreet AI summary of public reporting

Why: Strong UK jobs data boosts BoE hike odds → supports GBP

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At publication → Current
GBP1.338 → 1.338−0.0%
GBP climbs to five-week high on UK jobs data, BoE rate hike bets | SignalHub