Bullish
GBP/USD rises to 1.3415 after US CPI data shows inflation slowdown
The British Pound strengthened against the US Dollar, reaching 1.3415, following the release of US Consumer Price Index (CPI) data indicating a slowdown in inflation. This development reduced expectations for immediate Federal Reserve interest rate hikes, providing support for GBP/USD.
Key points
- GBP/USD rises to 1.3415 after US CPI data shows inflation slowdown
- Pound holds above 1.3350, 200-day SMA caps gains
- Pound edges up as dollar rally stalls ahead of U.S. CPI
- Pound Sterling to Dollar Forecast: Middle East Risks Support USD, GBP Rally Stalls
Sources
- Pound Sterling Price News and Forecast: GBP/USD strengthens after US CPI surprises to the downsideFXStreet · July 14, 2026
- GBP/USD Price Forecast: Pound holds above 1.3350 with the 200-day SMA capping gainsFXStreet · July 14, 2026
- Sterling today: Pound edges up as dollar rally stalls ahead of U.S. CPIInvesting.com · July 14, 2026
- Pound Sterling to Dollar Forecast: Middle East Risks Support USD, GBP Rally StallsCurrency News UK · July 14, 2026
AI-generated from public news sources. Not financial advice.
