Soggy UK inflation report sinks cable to 10-month lows - ConsultFX

Soggy UK inflation report sinks cable to 10-month lows

GBP/USD fell to a low of 1.3010 in the aftermath of the report release ForexLive And is hovering nearby currently trading around 1.3015-20 levels. It's a soft report across the board with upward contribution to inflation coming from fuel and gas (but not as much as expected) while downside came from discounts for clothing, footwear. June fuel