GBPUSD is trading in the green

𝔹𝕖𝕗𝕠𝕣𝕖 𝕪𝕠𝕦 𝕣𝕖𝕒𝕕 𝕥𝕙𝕚𝕤 𝕚𝕕𝕖𝕒, 𝕡𝕝𝕖𝕒𝕤𝕖, 𝕔𝕝𝕚𝕔𝕜 𝕥𝕙𝕖 𝐋𝐈𝐊𝐄 𝐛𝐮𝐭𝐭𝐨𝐧 𝕥𝕠 𝕤𝕦𝕡𝕡𝕠𝕣𝕥 𝕞𝕪 𝕨𝕠𝕣𝕜.
𝕀 𝕨𝕠𝕦𝕝𝕕 𝕒𝕡𝕡𝕣𝕖𝕔𝕚𝕒𝕥𝕖 𝕚𝕥.

The pair is trading in the green, but the British pound is largely under pressure, while the US dollar moves according to the results of the interim trade deal between Washington and Beijing signed on Wednesday.
The pound is losing some stream after the dull release of the December UK inflation data, which gained at an annual pace of 1.3%, failing to meet market expectations.
The core figure, which doesn’t include food and energy costs, came in at 0.0% when compared to the previous month and at 1.4% from a year earlier.
The Bank of England as also turned dovish. Policymakers have issued indications that they would vote for a rate cut.
For instance, BOE rate setter Michael Saunders said that signs of weakness in the UK economy should receive “relatively prompt and aggressive response.”
These figures, overall, reinforce the case for monetary easing. The BOE will meet to discuss policy in several weeks.