Charting UK Inflation Cycles & Latest GBP Premium Trades

This weeks key UK data include April CPI (Tuesday), May CBI industrial survey (Wednesday), April retail sales and 2nd estimate of UK Q1 (Thursday). Tuesdays release of UK April CPI expected at 0.6% month-on-month from 0.3% m/m, but the year-on-year rate is seen slowing at 3.1% from 3.5%. Although the March release showed the first increase following five consecutive monthly declines, the trend remains clearly negative, suggesting explicit similarities to the 2008-9 cycle Will the same happen in the current cycle? Our latest Premium Intermarket Insights chart the latest UK inflation vs. that of China as well as new ideas on GBPUSD. Click here for direct access to these trades http://www.ashraflaidi.com/products/sub01/access/?a=638 Nonsubscribers can get a free 1-week trial here: http://www.ashraflaidi.com/products/sub01/