GBP/USD posted a small gain this past week as volatility continued to slow for a second consecutive week following the flash crash earlier this month. The exchanged rate remained in a narrowing range for the bulk of the week with a bearish break at the end of the week. While the pair has shown some signs of a continuation lower, the technical outlook for the Pound cross rates and the latest COT report paints a neutral picture for the currency following heavy earlier losses. Inflation data out of the United States and the United Kingdom provided little volatility to GBP/USD this past week. UK consumer prices rose 0.2% ... (full story)