Following a dovish split decision earlier this month, the spotlight is now on the U.K. inflation report for clues on whether the Bank of England (BOE) will proceed with a December rate cut.
Our Event Guide for the U.K. Inflation Report suggests that we could see cooler consumer price increases in September.
Still, if the numbers surprise to the upside or if traders latch onto other GBP-friendly catalysts, then GBP/USD and GBP/NZD’s setups could draw a lot more attention.
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