Daily Market Updates: British Pound clings to 1.3300 as UK inflation test threatens recovery

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British Pound clings to 1.3300 as UK inflation test threatens recovery

Reported · Written up by our desk · Major Pairs

The Pound Sterling (GBP) holds steady against the US Dollar (USD) at the start of the week, with this week’s UK inflation data likely to influence its near-term direction amid elevated energy prices linked to the US-Iran conflict. At the time of writing, GBP/USD holds above 1.3300, up 0.07%.

Latest closeGBP/USD 1.323 ▼0.3%

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FXStreetBritish Pound clings to 1.3300 as UK inflation test threatens recovery

Forex

British Pound clings to 1.3300 as UK inflation test threatens recovery

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