GBP/USD Price Recovers Above 1.27, Eyes on UK Inflation

<div><img width="746" height="510" src="https://www.forexcrunch.com/wp-content/uploads/2023/04/Screenshot_2.png" class="type:primaryImage wp-post-image" alt="" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.forexcrunch.com/wp-content/uploads/2023/04/Screenshot_2.png 746w, https://www.forexcrunch.com/wp-content/uploads/2023/04/Screenshot_2-300×205.png 300w, https://www.forexcrunch.com/wp-content/uploads/2023/04/Screenshot_2-150×103.png 150w" sizes="(max-width: 746px) 100vw, 746px" /></div>
<p>The correction ended above the median line (ml). The upper median line (uml) stands as a major target. The Canadian CPI should bring some action later today. The GBP/USD price edged higher in the short term after reaching yesterday’s low of 1.2628. Now, the pair is trading at 1.2713 at the time of writing. It…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2023/12/19/gbp-usd-price-recovers-above-1-27-eyes-on-uk-inflation/">GBP/USD Price Recovers Above 1.27, Eyes on UK Inflation</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

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