The British pound edged higher earlier today but has pared most of those gains. GBP/USD is trading at 1.2703, up 0.06% early in the North American session. UK inflation declines less than expected UK inflation fell sharply in April, falling to 2.3% y/y. This was down from 3.2% in March and the lowest rate since […]

The post GBP/USD Shrugs as UK Inflation Higher Than Expected appeared first on Action Forex.

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