Sforex

Sterling: UK CPI in the focus. Most likely flat data.

FX:GBPUSD   British Pound / U.S. Dollar
140 0 0
This is the most important UK data this week. We also have UK employment report on Wednesday, so Sterling is the main character on the stage next two days.
I think the data most likely is flat or worse is ngegative.

GBPUSD             seems lost momentum at 1.5400 I show on the chart.

If data is negative, G/U could back 1.5200 in the near term.

However, !.5400 is a strong resistance only a strong data could trigger a move above this level.

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