Pound Sterling gains traction against softer USD; eyes US CPI report for fresh impetus

AI Briefing

• – GBP strengthens against USD, trading around 1.3430, up 0.10% for the day.
• – GBP/USD pair stalls previous day's retracement slide from 1.3485.
• – GBP gains traction as buyers seek fresh impetus ahead of US CPI report.