USD/GBP is an indirect quote. Where GBP is the base currency. Now US is having higher inflation
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![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/667251f97b022_121667251f9569ae.jpg)
USD/GBP is an indirect quote. Where GBP is the base currency.
Now US is having higher inflation than UK. Is the graph i constructed correct?
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/667251f9d5fcf_121667251f9b8cac.jpg)
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