British Pound holds near 1.3500 as market eyes US CPI data

The British pound held near the 1.3500 handle against the US dollar in Asian trading, extending its modest two-day advance. Traders are cautious ahead of the upcoming US consumer price index report, which could shift expectations for Federal Reserve monetary policy. A higher-than-expected inflation print may boost the dollar, while a softer reading could support the pound's recent uptick. The pair remains range-bound as markets assess the near-term outlook.