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💹 Pound supported as hot UK CPI lifts BOE hike bets
GBP/USD is holding firm as inflation strengthens the case for tighter policy.
GBP/USD traded near 1.3365 after UK CPI rose to 3.5% in September, above expectations. 📈 Markets now lean toward a BOE hike on Nov. 5, supporting sterling.
Traders are watching 1.3407 as near-term resistance, while gilt yields and the Oct. 28 Autumn Budget remain key risks. ⚠️ If yields rise on fiscal stress, GBP upside could fade fast.
#Forex #GBPUSD #GBP #USD #BOE #UKCPI
$IRYS
{future}(IRYSUSDT)
💹 Pound supported as hot UK CPI lifts BOE hike bets
GBP/USD is holding firm as inflation strengthens the case for tighter policy.
GBP/USD traded near 1.3365 after UK CPI rose to 3.5% in September, above expectations. 📈 Markets now lean toward a BOE hike on Nov. 5, supporting sterling.
Traders are watching 1.3407 as near-term resistance, while gilt yields and the Oct. 28 Autumn Budget remain key risks. ⚠️ If yields rise on fiscal stress, GBP upside could fade fast.
#Forex #GBPUSD #GBP #USD #BOE #UKCPI
$IRYS
GBP/USD is holding firm as inflation strengthens the case for tighter policy.
GBP/USD traded near 1.3365 after UK CPI rose to 3.5% in September, above expectations. 📈 Markets now lean toward a BOE hike on Nov. 5, supporting sterling.
Traders are watching 1.3407 as near-term resistance, while gilt yields and the Oct. 28 Autumn Budget remain key risks. ⚠️ If yields rise on fiscal stress, GBP upside could fade fast.
#Forex #GBPUSD #GBP #USD #BOE #UKCPI
$IRYS
496
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