Quotes from RBC Capital Markets: GBP: July CPI data surprised strongly to the upside. The 0.3% overshoot in headline inflation (2.6%; consensus 2.3%) was sufficient to fully offset the downside surprise in June and suggests the latter was largely spurious and driven by an early start to summer discounting. GBP did not react to the data, as was the case for the upside surprise in June.
Tue May 03, 2016 9:51 am by Andrea ForexMart
Subject: Gbp Review 
