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The cable came under pressure, after the release of Jan UK inflation data

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    UK inflation data of January which came out today have shown housing prices rising by a slower pace than expected, as DCLG House Price Index rose by only 6.7% yearly and the consensus was referring to rising by 7.9% after increasing in December by 7.7%. The input prices and the output prices came to show lower than expected monthly decreasing over the producing level, while UK CPI come as expected showing yearly rising by 0.3% which is the highest pace of rising since Jan 2015 but the core

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