Pound Sterling Price News and Forecast: GBP/USD holds near 1.3160

FXStreet Team FXStreet

GBP/USD holds near 1.3160 as traders wait for NFP and UK CPI

The Pound Sterling is steady on Tuesday as traders shift worried about the economic outlook in the US and market participants eyeing crucial NVIDIA earnings for Q3, keeping US equity markets in the red. The GBP/USD trades at 1.3156 virtually unchanged.

The US Department of Labor revealed that Initial Jobless Claims for the week ended October 18 were 232K, while continuing claims rose to 1.957 million. GBP/USDs was muted on its release with traders eyeing Nonfarm Payrolls data on Thursday. Read more...

Pound Sterling drops amid caution ahead of UK inflation data

The Pound Sterling (GBP) trades subdued against its major currency peers on Tuesday as investors turn cautious ahead of the United Kingdom (UK) Consumer Price Index (CPI) data for October, which will be released on Wednesday.

Investors will pay close attention to the UK inflation data to get cues about whether the Bank of England (BoE) will resume its monetary-easing campaign in the December policy meeting. Read more...

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FXStreet Team

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GBP/USD retreats from 1.3400 after BoE decision, ahead of US GDP

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EUR/USD neutral around 1.1460 as US Q2 GDP looms

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Gold stable below $4,100 as USD resumes decline

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Mixed signals leave XRP and XLM at crossroads

Ripple and Stellar are trading at critical technical levels on Thursday. XRP has stabilized above the psychological $1.00 support, while XLM is testing support at $0.173. Traders should be cautious as mixed derivatives metrics keep the outlook uncertain for both altcoins. Derivatives data shows mixed sentiment among traders. CoinGlass’ long-to-short ratio for XRP reads 1.02 on Thursday.

US GDP expected to grow at 2.1% in Q2, unshaken by Iran conflict

The United States (US) Bureau of Economic Analysis (BEA) is set to publish its preliminary estimate of second-quarter Gross Domestic Product (GDP) on Thursday, with analysts expecting the data to show annualised growth at a solid 2.1%, a modest cooling from the 2.1% expansion recorded in the previous quarter.

US Dollar mid-year outlook: Exceptional currency, exceptional risks?

The US Dollar enters the second half of 2026 in a markedly different position from a year ago. The King currency has recovered, reflecting persistent US inflation, changing expectations for Fed policy, geopolitical tensions and renewed demand for defensive assets.