Posts Tagged: UK consumer inflation

British Pound Strengthens on Higher-Than-Expected UK CPI Data, Putting Pressure on EUR/GBP

By Usman Ahmed April 19, 2023, 9:41 am • Posted in Forex

The euro to British pound exchange rate dropped to a new weekly low of 0.8810 on Thursday following more robust UK consumer inflation numbers on…

GBP/USD Fails To Capitalize On Intraday Upswing To Slightly Beyond Mid-1.2000

By Usman Ahmed February 20, 2023, 11:26 am • Posted in Forex

On Monday, GBP/USD sellers near 1.2055 slow the currency pair’s rise from its lowest level since January 6 on Friday. During the first half of…

British Pound Falls After UK CPI; Softer USD Lessens Downside Momentum

By Usman Ahmed July 20, 2022, 2:11 pm • Posted in Forex

In Europe, the GBP/USD currency pair rate dipped below 1.2000. From 1.2040 to 1.2045, the market lacked optimistic conviction. After the UK consumer inflation figures…

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