#Forex Today: Pound Sterling rises on hot UK inflation; US Dollar extends slide.
#GBPUSD Pound Sterling (GBP) gathers strength against its rivals early Wednesday following the release of April inflation data from the UK, while the US Dollar (USD) continues to weaken on trade uncertainty and political woes. The economic calendar will not feature high-tier data releases midweek, allowing investors to remain focused on geopolitics and comments from central bankers. #BTC110KToday?