BoE hike prospects support British Pound resilience
MUFG expects the BoE to begin hiking in November, citing stronger UK activity, employment data, headline CPI at 3.5% in September, and anticipated inflation above 4.0% next year after energy price cap reset.
Original · FXStreet AI summary of public reporting
Why: BoE November hike prospects on firm CPI → supports GBP
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At publication → CurrentGBP1.34 → 1.339−0.0%