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CPIWatch
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💷 British Pound Holds Firm Near 1.3600 Ahead of Key US CPI Data 🇺🇸
The British Pound (GBP) is consolidating around the 1.3600 level against the US Dollar as traders await fresh direction from upcoming US inflation data.
📊 Market participants are closely watching the US CPI report, which could provide the next major catalyst for the GBP/USD pair.
A higher-than-expected CPI reading may strengthen the Dollar.
Softer inflation data could pressure the USD and give the Pound room to push higher.
⚖️ For now, price action remains steady, with investors cautious and positioning light ahead of the data release.
All eyes on inflation — volatility may spike once numbers hit the market! 🚨📈
#GBPUSD #ForexNews #USCPI #Dollar #TradingUpdate $BTC $ETH $USDC #CPIWatch #CZAMAonBinanceSquare #TrumpCanadaTariffsOverturned #USTechFundFlows
Tk786 Trader
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