Breaking News: Sterling falls as UK inflation misses the market expectations

The UK headline inflation rose 2.4% y/y in September, missing the market estimates.

The Uk core inflation decelerated to 1.8% in September.

The GBP/USD fell to intraday low of 1.3130 after the UK headline inflation decelerated sharply to 2.4% y/y in September, missing the market estimate of 2.8% y/y rise.

Oct 17, 2018

UK CPI unexpectedly eases to 2.4% y/y in September

The UK Consumer Prices Index (CPI) 12-month rate came in at 2.4% in September, firmer from August’s 2.7% and beating the 2.8% print expected, the UK O

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Oct 17, 2018

GBP/USD Technical Analysis: Drops to fresh session lows, below 200-hour SMA post-UK CPI

• The pair extended overnight retracement slide from 1.3237 and kept losing ground after UK CPI print, erasing all of the previous session's goodi

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