fxs_header_sponsor_anchor

Pound Sterling Price News and Forecast: GBP/USD slumps on strong US producer inflation, Fed rate cut odds trim

GBP/USD slumps on strong US producer inflation, Fed rate cut odds trim

The Pound Sterling tumbled against the US Dollar on Thursday after the US Department of Labor announced a rebound on inflation on the producer side that could dent the Federal Reserve’s easing policy. Therefore, the GBP/USD edges lower, trading at 1.2748, down 0.38%. Read More...

Pound Sterling weakens as US stubborn PPI improves safe-haven appeal

The Pound Sterling (GBP) falls sharply against the US Dollar in Thursday’s early New York session as the United States Producer Price Index (PPI) data for February came in hotter than expected. The GBP/USD pair drops as investors' risk appetite eases on expectations that stubborn US PPI will reinforce fears that the Federal Reserve (Fed) could delay plans to reduce interest rates. Currently, markets broadly expect that the Fed will make this move in June. Read More...

GBP/USD Price Analysis: Remains depressed below 1.2800, bullish potential seems intact

The GBP/USD pair continues with its struggle to gain any meaningful traction and extends its consolidative price move around the 1.2800 mark for the second successive day on Thursday. The setup, meanwhile, seems tilted in favour of bullish traders and warrants some caution before positioning for an extension of the recent pullback from the vicinity of the 1.2900 round figure, or the highest level since July 2023 touched last week. Read More...
 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2025 FOREXSTREET S.L., All rights reserved.