GBP/JPY Top Valid Below 171.25, Eyes 169.05; GBP/USD Struggles on CPI
Talking Points:
- GBPJPY, GBPUSD fail to fully engage levels that would warrant ‘rebound’ call.
- Incoming UK inflation data weaker than headline of +1.8% y/y suggests.
- The forex economic calendar was packed with ‘medium’ and ‘high’ event risk today.
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