By Rob Howard — Nov 09 - 02:45 AM
Cable holds below 1.23 before BoE chief economist Pill speaks at 0830 GMT
Pill issued 2024 BoE rate cut guidance on Monday - which weighed on GBP
On Wednesday, BoE chief Bailey said 'really too early' to discuss rate cuts
Last Friday's pre-NFP data high of 1.2242 defined Wednesday's GBP/USD low
UK Sept and Q3 GDP data due at 0700 GMT Friday; 0.0% and minus 0.1% forecast
MPC dove Dhingra might vote in favour of BoE rate cut as early as next month
Source:
Refinitiv IFR Research/Market Commentary