Softer sterling versus EUR and USD ahead of today's BoE rate call

Expectations for the 11:00GMT decision are for a 25-basis point hike

A hike to 5.25% would take UK rates to a 15-year high

A Reuters poll points to an 8-1 call, with one no change vote

There is an outside chance of a 50-basis point move

BoE might view wage growth heightening the risk of second round effects

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