GBP holds gains above 1.3400 on hot UK CPI boosting BoE hike bets
The GBP/USD pair posts modest gains near 1.3405 as hotter-than-expected UK September CPI data has bolstered expectations of a more hawkish stance from the Bank of England.
Original · FXStreet AI summary of public reporting
Why: Hot UK CPI → higher BoE hike odds
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At publication → CurrentGBP1.34 → 1.339−0.1%