Pound little changed before consumer price report

The British Pound was little changed against its U.S. counterpart on Tuesday as investors awaited a report showing slower-than-expected consumer price inflation in the United Kingdom in April. The so-called Cable was traded at $1.5248 as of 7:44 a.m. in London following an 0.6% increase yesterday, while it was at 84.52 pence per Euro after it dropped to 85.17 pence on May 14, the least since April 25.