#CPIWatch 💷 British Pound Holds Firm Near 1.3600 Ahead of Key US CPI Data 🇺🇸

The British Pound (GBP) is consolidating around the 1.3600 level against the US Dollar as traders await fresh direction from upcoming US inflation data.

📊 Market participants are closely watching the US CPI report, which could provide the next major catalyst for the GBP/USD pair.

A higher-than-expected CPI reading may strengthen the Dollar.

Softer inflation data could pressure the USD and give the Pound room to push higher.

⚖️ For now, price action remains steady, with investors cautious and positioning light ahead of the data release.

All eyes on inflation — volatility may spike once numbers hit the market! 🚨📈

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