After the UK inflation release, traders are looking for price action ideas for GBP/USD and GBP/JPY. The GBP/USD pair may see some volatility as investors digest the latest data. The GBP/JPY pair could also experience movement based on market sentiment.
It is important for traders to monitor the market closely and look for potential opportunities to enter or exit positions. Keeping an eye on key support and resistance levels can help guide trading decisions.
Overall, staying informed and being prepared for potential price movements can help traders navigate the market effectively post UK inflation release.