GBP/USD holds above 1.3500 as USD loses strength after CPI
GBP/USD trades marginally higher on the day above 1.3500. The US Dollar struggles to outperform its rivals after inflation data. CPI and core CPI both rose at a softer pace than expected in May. Following Tuesday’s sharp decline, GBP/USD stages a rebound and trades above 1.3500 in the American session on Wednesday. At the time … Read more