Given the following markup:Where does the image align in relation to the text?

The CSS property vertical-align: baseline aligns the baseline of the element with the baseline of its parent. For inline elements like images, the baseline alignment means that the bottom of the image aligns with the bottom of the text.

CSS vertical-align Property:

Baseline Alignment: Aligns the baseline of the element with the baseline of its parent.

Example:

Hello World

Analysis:

The element with vertical-align: baseline will align its bottom with the bottom of the surrounding text "Hello World".

References:

MDN Web Docs - vertical-align

W3C CSS Inline Layout Module Level 3