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UK CPI | Moves in GBP

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 22, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    UK CPI will be released today at 9.30am GMT. Any deviation from the expected figures has the capacity to move pound significantly. Given that the pound is already pressured by the Brexit cloud, a miss will likely drive impetus into this bearish sentiment and see a sustained move lower in GBP. Conversely, a solid beat will see some upside but the move higher may be short-lived as the potential detrimental effects of an UK exit from the EU remain in place. Description: CPI measures the

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