We’re largely unchanged following the inflation data though the pound is holding up after softer CPI
The area around 1.5460/75 is becoming quite a strong level for GBPUSD right now. We’ve tried on three occasions to break higher but have failed each time. The latest attempt has seen the sellers bring the pressure a bit sooner at around 1.5460
Pound shrugs off lower inflation but still struggles to break through the 1.5460/75 area
