FX:GBPUSD   British Pound / U.S. Dollar
0
Consolidation is the name of the game. Arcoss the board basically.
Today, in approx 1hour & 30min, we will see the UK's CPI and ahead of that event, Pound is trading in a fairly small range. A break from here is of course only a matter of time but which way? Extremely difficult to say. Whatever the outcome is from that event, I suspect that the reaction might be limited as the markets are just very quiet.

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