GBP/USD: Longs stretched but acceleration to 1.30 may gather momentum depending on Wednesday’s CPI – SocGen GBPUSD EURGBP BOE Inflation Banks
A hawkish split with some members preferring 50 bps for the first time since January is not impossible
A hawkish split with some members preferring 50 bps for the first time since January is not impossible if core CPI surprises to the upside on Wednesday, the day before the rate decision. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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