GBPINR trading range for the day is 83.01-83.83. GBP remained under pressure as below-forecast British inflation data added to a handful of subdued signals coming from the economy in the past couple of weeks.
The political rumblings from Britain’s looming divorce from the European Union also continued which kept UK government bonds under pressure. UK consumer price inflation accelerated to a 31-month high and input prices surged the most since 2008 in January.
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