U.K CPI Down 0.0% In Aug, GBPUSD Testing 1.5460 levels!

forex inflation 25 min
forex inflation 25 min
 The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.
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The U.K Consumer Price Index unchanged this month, it remains as previous month and as expectations 0.2%
(Year-Over-Year) U.K Consumer Price Index fell 0.0%, from 0.1% in the previous month, the indicator was expected to fall to 0.0% in the last month.
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Market Impact: This development should keep GBPUSD in the current range, the pair is trapped within 1.5393/1.5460 range, with  possible to break higher, above 1.5460 will open 1.5560 levels, below 1.5393 will suggest a corrective pullback towards the 1.5338/1.5270 levels before the next rise..
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MARKET DATA

UPCOMING ECONOMIC EVENTS

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