GBP/USD: Key Levels to Watch with UK Inflation Data in Focus

GBP/USD is trading lower after the US dollar managed to rise past the $91 mark in the previous session. However, the greenback is yet to find its footing amid the declining US treasury yields. On Wednesday, the benchmark 10-year bond yields were at 1.56, up by 0.22%. While this has offered some support to the US dollar, it is still close to the one-month low of 1.53. Subsequently, the dollar index has risen by 0.05% at 91.24.