UK inflation picks up to 3.8% YoY in July vs. 3.7% forecast

The United Kingdom’s annual CPI rose 3.8% in July vs. 3.7% estimated.
British inflation declined to 0.1% MoM in July vs. a -0.1% forecast.
GBP/USD jumps to test 1.3500 after UK CPI inflation data.
The United Kingdom (UK) headline Consumer Price Index…