Cable steady ahead of inflation data in the U.K.

On Tuesday, the British Pound held steady against the Greenback, since traders were focused on upcoming inflation data in the U.K. Cable peaked at 1.5696, and later consolidated at 1.5671, gaining 0.03% during the European morning trading hours. The pair's near-term support could be at 1.5636, while resistance was likely to be found at 1.5741.