GBP/USD Recovery to Gain Traction on Rising UK Consumer Prices (CPI)

A rise in U.K. inflation may generate a more meaningful recovery in GBP/USD as it dampens bets for a meaningful BoE easing package.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2016/07/18/GBPUSD-Recovery-to-Gain-Traction-on-Rising-UK-Consumer-Prices-CPI.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:trading_news_reports