The GBP/USD exchange rate exhibited stability on Wednesday, trading around $1.2618 following the release of the UK’s latest consumer price index (CPI). The report indicated a slight upward trend in inflation rates, which contributed to the Pound’s performance against the US Dollar (USD). At present, there is ongoing uncertainty regarding potential economic impacts that could result from rising living costs. As investors remain vigilant, they will continue to assess the implications of these economic readings on the GBP/USD pair’s trading outlook.