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


US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook
Oil Prices Fall as Markets Await U.S.-Iran Peace Deal Decision
Wall Street Reaches New Record Highs as AI Boom and Iran Ceasefire Hopes Boost Markets
European Stocks Rise as AI Optimism Offsets U.S.-Iran Tensions
ECB’s Philip Lane Warns Middle East Conflict Could Keep Inflation Elevated
U.S. Launches New Strikes on Iran as Trump Signals Peace Deal Uncertainty
New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices
UK Grocery Inflation Slows to 3.1% as Supermarket Price Pressures Ease in May 2026
Gold Prices Hold Near Record Levels as Inflation Concerns Offset Middle East Ceasefire Hopes
Gold Prices Slip as Stronger Dollar and Iran Peace Talk Uncertainty Weigh on Market
Oil Prices Set for Sharp Weekly Losses as U.S.-Iran Ceasefire Hopes Ease Supply Concerns
Asian Markets Slide as New U.S. Strikes on Iran Spark Investor Caution
Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path
US Imposes Fresh Iran Oil Sanctions Despite Progress on Ceasefire Talks
Wall Street Hits New Highs as U.S.-Iran Ceasefire Talks Boost Market Sentiment
US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns 



