UK CPI

UK CPI

British inflation is currently above the Bank of England’s 2% target. In September, the indicator hit 3%, its highest level for more than five years. 
As inflation is one of the main factors affecting monetary policy of British central bank, its release at 11:30 MT time on November 14 will have a big impact on the GBP. This can be a great opportunity to trade GBP/USD, EUR/GBP and GBP/JPY. 
gbp

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