UK: Apr Core Consumer Price Index (YoY) at 2% vs 2.4% in Mar

May 21, 2013

GBP/USD tumbles to session lows at 1.5179/84 after UK CPI

On the heels of economic data in the United Kingdom, the GBP/USD has experienced a bout of weakness that has afflicted the pair continually during European trading.

EUR/GBP jumps to resistance at 0.8464/66 after CPI in UK

Overnight weakness was met with a recovery movement for the EUR/GBP that effectively transpired during the European session and continued on the heels of a recent tranche of economic data Tuesday.