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GBP/USD Breaking News: BOE Rate Hike Almost Certain On Strong CPI Data

GBP/USD ANALYSIS UK Inflation: 4.2%, Est. 3.9%. December rate hike highly likely. GBP/USD upside reversal may continue on strong fundamental data.   UK INFLATION BEATS ESTIMATES BOLSTERING DECEMBER RATE HIKE POSSIBILTY Sterling popped against the U.S. Dollar after the UK inflation print beat estimates (see calendar below). This may well be the final nail in the coffin to confirm settle the rate hike debate and allow for Bank of England (BoE) governor


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