Technical: GBP/USD seesaws around 1.2010s after hitting a low below 1.2000 on US PPI data

The GBP/USD is subdued in the mid-North American session spurred by a jump in producer inflation in the United States (US). In contrast, Wednesday's UK inflation data weakened the Pound Sterling (GBP) as inflation slowed. Hence, the GBP/USD is trading around the 1.2000/15 range, below its opening price. The US Bureau of Labor Statistics (BLS) revealed that ...     Alert Feb 17, 2023, 1:38am Technical: GBP/USD seesaws around 1.2010s after hitting a low below 1.2000 on US PPI data The GBP/USD is subdued in the mid-North American session spurred by a jump in producer inflation in the United States (US). In contrast, Wednesday's UK inflation data weakened the Pound Sterling (GBP) as inflation slowed. Hence, the GBP/USD is trading around the 1.2000/15 range, below its opening price. The US Bureau of Labor Statistics (BLS) revealed that ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support