The British Pound traded sideways against the US Dollar, following the UK CPI data release on Wednesday at 09:30 GMT. The GBP/USD exchange currency rate lost 7 pips or 0.05% right after the release. The British Pound continued trading at the 1.2850 level against the Greenback.
![GBP/USD: UK CPI](https://www.dukascopy.com/fxspider/image/get/imagename/2_nbo_MARKET_RESEARCH.jpg)