GBP/USD Falls Following Weaker UK Inflation Data

gbp_usd_article image

The GBP/USD pair has declined, reaching a two-month low, influenced by weaker-than-expected UK inflation data. Key Factors: Technical Analysis: Overall Outlook: The GBP/USD pair is likely to remain under pressure, influenced by economic factors and the Bank of England’s monetary policy. Traders should monitor technical indicators for signs of a trend reversal.