GBP/USD range is getting tighter. Now the focus is on the news today. Price levels are fluctuating back and fort. Today's GBP CPI and PPI news numbers could provide some direction for the pair. I look forward to good entry point for short trade today. Later, there is also USD core CPI numbers. I am keeping an close eyes to these numbers. Right now. GBP/USD is at the top of the range at around 1.2230.