Pound under water again as inflation softens further

GBPUSD down to 1.5978 from 1.6025 EURGBP also on new levels at 0.7937 as UK CPI comes in under expectations

Expect some consolidation at these levels and I’ve taken some money off the table again. No point in being greedy as we approach recent cable lows.

GBPJPY 171.16 GBPCHF 1.5204 GBPAUD 1.8260

I hope a few of you got on board that move this morning.

Right, back to the orderboards!

Best in 2026

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