UK Aug CPI came unchanged 2.2% y/y as expected, while core CPI jumped to 3.6% y/y compared to a forecast of 3.5% y/y. The probability of rate pause increased to 63% after solid CPI data.
Major resistance- 1.32665
Near-term resistance - 1.3230
Minor support- 1.3140,1.3080
Trend reversal level- 1.3000