UK CPI set to show receding inflation in June as GBP/USD f...

UK CPI set to show receding inflation in June as GBP/USD fails at May highs

Published Jul 21, 2026 10:00 PM Last refreshed Jul 29, 2026 9:49 AM Source: EODHD Event Time: Jul 21, 2026 10:00 PM

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UK CPI set to show receding inflation in June as GBP/USD fails at May highs

Source: EODHD - https://www.fxstreet.com/news/uk-cpi-set-to-show-receding-inflation-in-june-as-gbp-usd-fails-at-may-highs-202607220200
Published: Jul 21, 2026 10:00 PM

The UK Office for National Statistics (ONS) will release the June Consumer Price Index (CPI) figures on Wednesday at 06:00 GMT, a print that will matter for markets. Consensus expectations point to inflation pressures still above the Bank of England’s (BoE) target, although losing further momentum.

Market context: This update is relevant to GBP traders, with GBPUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.