Pound Slips as BoE Caution, Political Risks Weigh on Outlook
RaboResearch forecasts EUR/GBP near 0.87 and GBP/USD dips to 1.33 amid softer UK inflation and labor market slack. The British pound has recovered most losses after May UK CPI data showed headline inflation steady at 2.8% year-over-year, while core inflation edged up sligh