Neutral
GBP/USD holds steady near 1.3500 as UK GDP beats expectations.
The GBP/USD pair remains near the 1.3500 level following the release of stronger-than-expected UK GDP data for July, which showed a 0.4% expansion compared to forecasts of no growth. However, the pair faces resistance due to rising Federal Reserve rate hike expectations and geopolitical risks supporting the US dollar.
Key points
- UK economy grew by 0.4% in July, surpassing expectations.
- US inflation data fuels expectations of Federal Reserve rate hikes.
- GBP/USD trades near 1.3500, awaiting further economic indicators.
Sources
- Pfund Sterling Kursnachrichten und Prognose: GBP/USD bewegt sich seitwärts nahe 1,3500FXStreet · September 11, 2026
- Pound Sterling to Dollar Forecast: US CPI Keeps Fed on Hawkish PathCurrency News UK · September 11, 2026
- GBP/USD Price Forecast: Flat lines near 1.3500 as bulls shrug off UK GDP ahead of US CPITMGM · September 11, 2026
AI-generated from public news sources. Not financial advice.
