United Kingdom Retail Price Index (YoY) below expectations (3.6%) in April: Actual (3%)

United Kingdom Retail Price Index (YoY) below expectations (3.6%) in April: Actual (3%)
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British Pound slumps as UK inflation cools down at a faster pace

The British Pound (GBP) faces selling pressure against its major currency peers, sliding to near 1.3375, during the European trading session on Wednesday.
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