Neutral
GBP/USD remains steady at 1.3240 amid market anticipation of upcoming US inflation data.
Over the past 24 hours, GBP/USD has maintained a stable trading range around 1.3240. Market participants are awaiting the release of US inflation data, which is expected to influence future Federal Reserve policy decisions. The Bank of England's recent hawkish stance has also contributed to the pair's stability.
Key points
- GBP/USD holds steady at 1.3240 as traders await US inflation data.
- Bank of England's recent hawkish comments support the pound.
- Market anticipates potential Federal Reserve rate hikes based on upcoming US inflation figures.
Sources
- GBP/USD holds near 1.3550 after a hawkish Bank of England hearingDaily Market Updates · September 29, 2026
- GBP/USD Slumps Below $1.35 as Fed Rate Hike Looms Over BoE PauseTradingNews24 · September 14, 2026
- Pound Sterling Forecast: UBS Predicts 6.4% Recovery Against DollarExchange Rates UK · September 26, 2026
AI-generated from public news sources. Not financial advice.
