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Fades off its best levels

GBP
  • The British Pound fades off its best levels, with similar price action in Gilt, with the contract off the lows and at the upper end of the range, albeit still down 16 ricks on the session.
  • Investors are market participants are now quickly turning their attention to the CPI release tomorrow.
  • The Pound lead gains versus the Kiwi, Yen and Aussie against G10s
  • Cable resistance at 1.3467 has so far held.
  • Gilt small resistance moves down to 126.05 initially

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