Sterling slides against dollar for second session

Sterling kept bouncing off the highest since September 22 for the second session in a row versus the dollar, following earlier data from Britain, and amid a lack thereof from the US, the world's largest economy. 

As of 04:30 GMT, GBP/USD fell 0.21% to 1.3027 from the opening of 1.3055, with an intraday low at 1.3126, and a high at 1.3126. 

Earlier British data showed inflation slowing down more than expected in June, while Bank of England Governor Mark Carney talked about issuing anew 10-pound currency bill in Hampshire. 

Otherwise, the dollar has been weighed recently following a spate of downbeat US data recently, which pretty much ruled out another interest rate hike this year by the Federal Reserve as inflation moves away from the 2% target.