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Pound Sterling Price News and Forecast: Edges lower to 1.3120 as soft UK CPI boosts BoE easing outlook

https://www.fxstreet.com/news/pound-sterling-price-news-and-forecast-edges-lower-to-13120-as-soft-uk-cpi-boosts-boe-easing-outlook-202511191707
GBP/USD edges modestly lower on Wednesday as inflation in the United Kingdom (UK) ticked lower in October, increasing the chance of an interest rate cut by the Bank of England (BoE) in December. At the time of writing, the pair trades at 1.3120 after reaching a peak of 1.3155…

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