The Pound Sterling (GBP) stayed firm against the US Dollar (USD) on Thursday, courtesy of a hot inflation report on Wednesday, coughing traders by surprise, which trimmed bets the Bank of England (BoE) would ease policy as they initially expected.
The GBP/USD pair attracts some buyers for the second straight day on Wednesday and looks to build on the previous day's goodish bounce from sub-1.2600 levels, or over a one-month low.
Pound Sterling turns subdued as focus shifts to UK Retail Sales data The Pound Sterling (GBP) grinds between risk-off market mood and stubbornly high UK Consumer Price Index (CPI) data for December.