GBP to USD Exchange Rate

Upcoming Events for GBP and USD

		Event	Prev.	Cons.
31m Low	GBP	Public Sector Net Borrowing (Oct)	-£16.61B	-£15.9B
31m Low	GBP	Public Sector Net Borrowing Ex Banks (Oct)	-£16.61B	-£12.3B
4h 31m Med	GBP	CBI Industrial Trends Orders (Nov)	-27	-25
7h 1m High	USD	Continuing Jobless Claims (Nov/09)	1873K	1870K
7h 1m High	USD	Jobless Claims 4-week Average (Nov/16)	221K	222K
7h 1m High	USD	Initial Jobless Claims (Nov/16)	217K	220K
7h 1m Low	USD	Philly Fed Prices Paid (Nov)	29.7
7h 1m Med	USD	Philadelphia Fed Manufacturing Index (Nov)	10.3	8
7h 1m Low	USD	Philly Fed Business Conditions (Nov)	36.7
7h 1m Low	USD	Philly Fed CAPEX Index (Nov)	23.5

FRB and BOE Interest Rates

Country	Central Bank	Current Rate	Previous Rate	Next Meeting
United States	Federal Reserve	4.75%	5.0%	27 days
United Kingdom	Bank of England	4.75%	5.0%	28 days

The British pound strengthened against other major currencies in the European session on Wednesday, after U.K. consumer price inflation accelerated more than expected in October, lowering the chances of a rate cut at the upcoming monetary policy meeting in December.

RTTNews | 23h 36min ago

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Wednesday.

RTTNews | 1 day ago

UK Inflation Accelerates More Than Forecast

UK consumer price inflation accelerated more than expected in October, lowering the chances of a rate cut at the upcoming monetary policy meeting in December. The consumer price index rose 2.3 percent on a yearly basis, following September's 1.7 percent increase, which was the lowest since April 2021, the Office for National Statistics reported Wednesday.

RTTNews | 1 day ago

U.S. Housing Starts Tumble 3.1% In October, More Than Expected

New residential construction in the U.S. tumbled by more than expected in the month of October, according to a report released by the Commerce Department on Tuesday. The report said housing starts dove by 3.1 percent to an annual rate of 1.311 million in October after slumping by 1.9 percent to a revised rate of 1.353 million in September.

RTTNews | 1 day ago

Analysis for GBPUSD

Gold Extends its Gain as Geopolitical Tension Heighten

escalating tensions in Eastern Europe after Ukraine launched long-range British missiles into Russian territory,  intensified demand for gold .

PU Prime | 56 minutes ago

The pound falls despite an acceleration in inflation

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: The pound falls despite an acceleration in inflation

FxPro | 19h 11min ago

Gold Gain on Russia-Ukraine Tension

Gold extended its rally for a third consecutive session this week, gaining nearly 3% since Monday as the intensifying conflict between Russia and Ukraine drove safe-haven demand. Tensions escalated after Ukraine deployed U.S.-supplied missiles, prompting Russian President Putin to approve the use of nuclear deterrents in response.

PU Prime | 1 day ago