💱UK Pound Sterling/US Dollar FX Spot Rate
GBPUSD
▲ PositiveMonetaryrelevance
UK CPI expected to ease but remain above BoE target, reducing immediate rate cut expectations, which supports GBP.
Impact on assets 1
Others
The UK Office for National Statistics will release June Consumer Price Index figures on Wednesday at 06:00 GMT. Consensus expectations point to inflation pressures remaining above the Bank of England’s target, although losing further momentum.
UK CPI expected to ease but remain above BoE target, reducing immediate rate cut expectations, which supports GBP.