Wednesday, August 15 – London Session Recap
During today’s London session, the main event was the UK’s July inflation report. CPI was overall in line with expectations with just a marginal miss on Core CPI M/M.
Considering the data was overall as expected, GBP remained little changed following the release. As such, GBPUSD has traded sideways from yesterday’s decline, hovering just above the 1.27 handle.
For additional research, we’ve posted news articles from around the web below.