Cable below 1.30 after cooler than expected UK CPI data hurt GBP Wednesday

1.2977 was Wednesday's eight-week low (1.3038 was Tuesday's low)

BoE is expected to cut rates on Nov 7; scope for another cut in December

Wednesday's GBP/USD low was two pips shy of Aug 20 low (1.2959 is 100DMA)

US retail sales and jobless claims data due 1230 GMT; 0.3% MM and 260k f/c

BoE Governor Bailey is due to speak in Washington DC next week nL1N3LS0KD