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British Pound Outlook Undecided after BoE’s Inflation Warning and Mixed UK Data

British Pound (GBP) Price Outlook: November BoE meeting may see interest rates hiked. UK retail sales figures disappoint. UK October PMIs beat expectations.   Bank of England chief economist Huw Pill has warned that inflation could top 5% in the coming months, leaving the central bank in a ‘very uncomfortable place’. In comments to the Financial Times, Mr. Pill said that the November 4 BoE meeting is now ‘live’ for a potential rate hike from its current rate of

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