The FX markets have remained relatively quiet this week, but that could change with the upcoming release of US CPI data. Analysts are keenly focused on the UK spending review, trade discussions, and inflation trends. Traders might prepare for increased volatility as data emerges throughout the week. Understanding how these factors interplay could help investors gauge the GBP/USD exchange rate’s direction. Keeping an eye on market reactions to the data will be crucial for making informed trading decisions.