Today, all attention to inflation in the UK, which should slow from 3.0% to 2.9%. Despite the fact that this is usually considered a negative factor, in this case, there is a high probability of an optimistic market reaction. The fact is that at the current refinancing rate, inflation of 3.0% is too high, and raises concerns about the Bank of England's ability to control the situation. Slowing down inflation just reduces these risks. Also, this overbought dollar. So, the pound will have a reason for growth. But the single European currency, in the absence of any news from Europe and the US, is likely to consolidate with the current values.
The euro / dollar currency pair, drawing a range movement of 1.2220 / 1.2300, became closer to the upper limit, with an attempt to overcome it. Probably, temporary waggling in alterations 1.2300 / 1.2335, where only in the case of fixing the price above 1.2345, it would be worth considering the change of current boundaries, with the resumption of the upward movement.
The pound / dollar currency pair similarly draws the range of 1.3790 / 1.3890. It is probable to assume that the oscillating motion continues to move toward the upper boundary, further motion is considered only after the breakdown of the boundaries.
