UK May CPI +3.4% vs +3.4% y/y expected ...Middle East

Prior +3.5%Core CPI +3.5% vs +3.5% y/y expectedPrior +3.8%

GBP/USD is up a touch from 1.3445 to 1.3458 but it also coincides with some mild weakness in the dollar across the board.

This article was written by Justin Low at www.forexlive.com.

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