Cable technical analysis
The pound tumbled today after core inflation rose just 1.2% y/y compared to 1.3% expected. The overall CPI fell 0.8% m/m in a sign that the Bank of England won’t be fighting price pressures any time soon.
Cable technical analysis
The pound tumbled today after core inflation rose just 1.2% y/y compared to 1.3% expected. The overall CPI fell 0.8% m/m in a sign that the Bank of England won’t be fighting price pressures any time soon.