GBP/USD Price Analysis: Investors Digest US CPI Data

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<p>US consumer prices rose by 0.3% for the month and registered an annual growth of 3.4%. Traders believe that the BoE’s benchmark rate will decline rapidly this year. Recent data indicated a contraction in the British economy in October. The GBP/USD price analysis hinted at a subtle bearish tilt amid a strong dollar as investors…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/12/gbp-usd-price-analysis-investors-digest-us-cpi-data/">GBP/USD Price Analysis: Investors Digest US CPI Data</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>