GBP rises on UK labor data boosting BoE hike bets
UK August labor data strengthened expectations for a 25 bps Bank of England rate hike to 4.00% on November 5, lifting the British Pound against major currencies.
Original · FXStreet AI summary of public reporting
Why: UK labor data → higher BoE hike expectations
Loading market data…
Recent signals
No matching events
Prices since publication
At publication → CurrentGBP1.335 → 1.339+0.3%