Analysts expect the U.K. to print softer inflation numbers for June, which would keep the Bank of England’s (BOE) easing plans on track.
But our Event Guide for the June U.K. CPI also lays out the chance of a sell-the-rumor, buy-the-news move or even a hotter-than-expected report that backs the BOE’s more measured approach to easing.
If the CPI report gives Sterling a lift, these GBP/USD and EUR/GBP setups could open the door to potential trades.
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