The GBP/USD pair attracts fresh buyers during the Asian session on Wednesday, with bulls still awaiting a sustained strength beyond the 200-day Simple Moving Average (SMA) before placing fresh bets. Spot prices currently trade around the 1.3420-1.3425 region, up 0.10% for the day, as the focus now shifts to the UK consumer inflation figures.
The UK Office for National Statistics (ONS) will publish the Consumer Price Index (CPI) for February at 07:00 GMT later today amid the Bank of England’