GBP/AUD is not getting traction despite higher-than-expected CPI data from the U.K.! We know from earlier today that the U.K.'s consumer inflation remained high, with annual headline CPI remaining at 6.7% (vs. 6.6% expected) while the core figure only dipped from 6.2% to 6.1% when analysts saw it slipping all the way to 6.0%. A sticky high inflation supported hawkish calls for the Bank of England (BOE) and the British pound traded higher against its major counteparts.