Pound Sterling Upside Still Favoured After UK Inflation Heads in the "Wrong Direction"
- Category: GBP
The British Pound initially retreated in the wake of news UK inflation was as expected in November, but recent trends won't be challenged.
The British Pound rose after UK wages unexpectedly jumped in October.
It's an action-packed week as the final data prints of 2024 are shoe-horned into a five-day period.
The British Pound fell against the Euro and Dollar after it was reported the UK economy unexpectedly shrank in October.