GBPUSD

The pound is focused on the UK CPI data that will be announced today. Annual inflation is expected to decline from 2.8% to 2.7%. The drop in inflation could strengthen the Bank of England's expectations for interest rate cuts, which may put pressure on the pound. However, the pound is currently more resilient against the euro compared to the US dollar. Technically, the 1.3187 level is an important support point, and if it falls below this level, sales could accelerate. Tomorrow's ECB decision and the closure of the UK markets on Good Friday could lead to fluctuations in the currency pair.