TODAY'S MARKET INTELLIGENCE
GBP/USD Consolidates at Highs as Markets Await UK CPI Data for Direction
English summary
GBP/USD traded near 1.3375 in early Asian hours on Wednesday. UK labor market resilience has boosted BoE rate hike expectations, but the pair exhibits range-bound consolidation ahead of the imminent September CPI release. Higher-than-expected inflation would boost GBP, while a miss could trigger a pullback.
The English text is machine translated and may require verification against the Chinese version.
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