Pound Range at Risk on Hawkish BoE Inflation Report- 1.6300 in Focus

[BECKHAM]

The British Pound may continue to track sideways next week as it retains the range-bound price action carried over from the previous month, but the Bank of England’s (BoE) Inflation Report may ultimately spark a more meaningful run at the 1.6300 handle should the central bank show a greater willingness to implement it exit strategy ahead of schedule.


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