EUR/GBP – No More Rate Hikes Likely from BoE as Inflation Hits Two-year Low

<p><img width="612" height="380" src="https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp176.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp176.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp176-600×373.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp176-150×93.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp176-300×186.jpg 300w, https://www.actionforex.com/wp-content/uploads/2023/06/f-gbp176-356×220.jpg 356w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>UK inflation fell to 4.6% in October (6.7% in September) Markets expect the next move to be a rate cut next summer EURGBP struggling to break technical resistance, despite data UK inflation fell sharply in October and faster than the Bank of England anticipated, further reducing the prospect of any more rate hikes in this […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/527576-eur-gbp-no-more-rate-hikes-likely-from-boe-as-inflation-hits-two-year-low/">EUR/GBP – No More Rate Hikes Likely from BoE as Inflation Hits Two-year Low</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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