UK inflation data now out 16 May
– 0.4% prev
– yy 2.7% vs 2.6% exp vs 2.3% prev
– Core CPI yy vs 2.3% exp vs 1.8% prev
– CPIH yy 2.6 % vs 2.6% exp vs 2.3% prev
Stronger than expected/previous data in the key areas sees the algos take GBPUSD through 1.2950 to post 1.2958 but sellers prevailing atm as per my preview and now 1.2937