GBP/USD Analysis: Inflation Stabilises, Pound Rises in Price

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/2018/03/f-gbp12.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>UK inflation data was released this morning, showing that consumer price inflation (CPI) held steady at 6.7% in September, although economists had expected 6.6%, which would mean the CPI would continue to decline from its peak of 11.1%, achieved at the end of last year. These data provide evidence to suggest that inflation has stalled. […]</p>
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