UK annualized CPI beats estimates with 1.5% in April, GBP/USD battles 1.4200

• UK CPI rises by 1.5% YoY in April vs. +1.4% expected.
• Monthly UK CPI arrives at +0.6% in April vs. +0.6% expected.
• GBP/USD remains unfazed around 1.4200 on upbeat UK CPIs.

The UK Consumer Prices Index (CPI) 12-month rate came in at +1.5% in April when compared to +0.7% booked in March while beating expectations of a +1.4% print, the UK Office for National Statistics (ONS) reported on Wednesday. 

more to come ...