“GBP/USD Maintains Strong Position Above 1.2600 as UK CPI Data Looms: A Market Update”
What Does the GBP/USD Pair’s Stability Mean for Traders? After experiencing losses in the previous session, the GBP/USD pair seems to have stabilized around 1.2610 during the Asian trading session on Wednesday. Traders are eagerly anticipating the release of January’s Consumer Price Index (CPI) data from the United Kingdom (UK) later in the day. Impact…