GBP/USD Consolidates Near 1.3450 Amid Market Anticipation
The GBP/USD exchange rate is currently trading around 1.3450 in early European session on Thursday, as investors await key data from the UK and US.
UK inflation figures released earlier this week showed a slight cooling, which has reinforced market bets that the Bank of England might ease monetary policy.
This has kept the pound under pressure, preventing GBP/USD from making a decisive move above 1.3500 resistance level.