Pound Sterling Price News and Forecast: GBP/USD to remain volatile in heavy UK data week

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GBP/USD Price Forecast: British Pound to remain volatile in heavy UK data week

The British Pound (GBP) trades marginally lower at around 1.3314 against the US Dollar (USD) during the European trading session on Monday, but is wobbling inside Friday’s trading range. The GBP/USD pair is expected to remain sideways as investors await key United Kingdom (UK) employment data for quarter ending August and the Consumer Price Index (CPI) data for September, which are scheduled for Tuesday and Wednesday, respectively.

According to estimates, the ILO Unemployment Rate increased to 5% from 4.9% in three months ending July. Average Earnings Including Bonuses drops to 3.8% Year-on-Year (YoY) from the previous reading of 3.9%. Read more...

British Pound reflects mixed performance at the start of UK data-packed week

The British Pound (GBP) trades mixed against its currency peers at the start of the United Kingdom (UK) data-packed week. Against the Japanese Yen (JPY), the British currency is almost flat at around 210.74.

This week, financial markets will pay close attention to the UK employment data for three months ending August and the Consumer Price Index (CPI) data for September, which are scheduled for Tuesday and Wednesday, respectively. Read more...

GBP/USD Price Forecast: Steadies below 1.3350, remains capped below 100-day SMA

The GBP/USD pair holds steady around 1.3330 during the early European trading hours on Monday. Traders continue to assess the US interest rate path after Federal Reserve (Fed) Chair Kevin Warsh’s remarks. All eyes will be on the UK jobs data on Tuesday. On Wednesday, the UK Consumer Price Index (CPI) inflation report will be in the spotlight.

During the 2026 IMF-World Bank annual meetings in Bangkok on Friday, the Fed Chairman said that he does not "prejudge" interest-rate decisions, giving no preview of whether the central bank will hike or hold short-term rates steady at its upcoming October 27-28 meeting. Read more...

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