British wages minus bonuses grew much slower than expected. Investors expect a bigger 74bps of cuts by the BoE this year. Investors are preparing to receive the US CPI report showing the state of consumer inflation. This Tuesday, the GBP/USD price analysis takes a bearish turn as soft UK labor market data fuels BoE rate…
The post GBP/USD Price Analysis: BoE Cut Odds Rise After Weak UK Data appeared first on Forex Crunch.
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