By Rob Howard — Oct 11 - 02:20 AM
Cable eases to 1.3045 intra-day low after UK August GDP matches 0.2% f/c
1.3048 was low shortly before the UK data release (1.3065 was Asia high)
UK August GDP match underpins expectation that BoE will cut rates on Nov 7
Next Fed rate decision on Nov 7 too (post-BoE): Bostic open to a skip
1.3011-1.3094 was Thursday's GBP/USD range (1.3011 = one-month low)
UK budget Oct 30: Reeves is considering raising CGT to 39%, Guardian says
Source:
Refinitiv IFR Research/Market Commentary