GBP/USD: Trading The BoE Inflation Report On Wed – BMO

BoE Quarterly Inflation Report (QIR) due Wednesday at 1030 GMT, new CPI and GDP forecasts due. As a ‘rule of thumb’, the GBP should rise on Wednesday if: BoE says the recovery cannot run much further without generating significant CPI inflation. The trade-off between output and inflat…

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GBP/USD: Trading The BoE Inflation Report On Wed – BMO