GBP/USD regains 1.1500 on hawkish BOE bets, Brexit chatters, UK inflation eyed

GBP/USD regains 1.1500 on hawkish BOE bets, Brexit chatters, UK inflation eyed – by anilpanchal7 GBPUSD Inflation BOE Brexit Fed

US dollar consolidates inflation-led rally amid mixed concerns, stimulus hopes.

UK CPI to stay worrisome in August, US PPI, consumer-centric data are also important ahead of next week’s FOMC. data amid hawkish hopes from the Bank of England . In doing so, the quote pares the biggest daily decline since May during early Wednesday morning in Europe.

Furthermore, news from the UK’s Daily Mail, quoting the Irish PM Micheál Martin, also seemed to have helped the GBP/USD buyers. The Irish PM Martin said, per the news, that Queen's death is a chance to 'reset' relations between Britain and Ireland and 'enhance' links followingOn the other hand, fears emanating from the US-Taiwan ties and the US inflation numbers challenge the GBP/USD buyers ahead of the key UK CPI data.

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