FX Watch: GBP/CHF’s Triangle Consolidation Ahead of the U.K. CPI Release

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The British pound lost pips against its counterparts following a much higher than expected jobless rate report.

Will today’s U.K. CPI release lead to more speculations of a Bank of England (BOE) interest rate cut?

More importantly, how will the report affect GBP/CHF’s intraweek downswing?

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