Pound Sterling retreats from 1.2700 with focus on UK inflation and BoE policy outcome

The Pound Sterling (GBP) faces selling pressure in an attempt to extend recovery above the round-level resistance of 1.2700 against the US Dollar (USD) in Tuesday’s London session.
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Austria HICP (YoY) meets forecasts (3.3%) in May

Austria HICP (YoY) meets forecasts (3.3%) in May
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