The UK was expected to report a bump up in inflation: 2.6% on the headline number in April after 2.3% in March. The Retail Price Index was predicted to rise by 3.4% y/y after 3.1%. Core CPI was projected to advance by 2.2% after 1.8%. GBP/USD traded around 1.2930 ahead of the publication, maintaining the well-known [...]
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