UK CPI

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GBPUSD Outlook: Key Levels Ahead of UK CPI and US CPI Week

GBPUSD Outlook: The GBPUSD is trending back up in the 1.27 zone after finding its weekly support at 1.2665. A volatile week is anticipated for the pound—will the rebound be sustainable?

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August 9, 2024 05:33 AM
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British Pound Forecast: GBP/USD to Face Slowing UK CPI Ahead of BoE

The British Pound may face headwinds ahead of the BoE rate decision as the UK CPI is anticipated to show slowing inflation.

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By : David Song
June 18, 2024 01:25 PM
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GBP/USD forecast: Currency Pair of the Week – June 17, 2024

The GBP/USD forecast is in focus, with the upcoming Bank of England rate decision, UK CPI, retail sales from both sides of the pond and global PMI data all on tap this week. Plus, there is the added uncertainty from the upcoming UK general election.

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US Dollar Forecast: GBP/USD Clears April High Ahead of UK CPI

GBP/USD clears the April high (1.2710) ahead of the update to the UK Consumer Price Index (CPI).

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By : David Song
May 20, 2024 01:30 PM

GBP/USD Outlook: Post UK-CPI Weakness Spurs Test of Former Resistance

GBP/USD remains under pressure following the larger-than-expected downtick in the UK Consumer Price Index (CPI).

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By : David Song
July 20, 2023 02:20 PM
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FTSE 100 analysis: Stocks fall as UK inflation remains hot

Inflation remained higher than hoped in May, weighing on UK stocks and cementing fears that more rate hikes are needed.

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FTSE 100 Analysis: Index tests 7-week lows on hot inflation

The FTSE 100 is trading lower after UK inflation came in hotter than expected in April.

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GBP/JPY outlook brightened amid sizzling hot UK inflation

Thanks to another 10% CPI inflation print, interest rate expectations are on the rise again in the UK. This is putting upward pressure in the yield spread between the UK and Japanese government bonds, boosting the GBP/JPY outlook.

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April 19, 2023 11:55 AM
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GBP/USD rally halted ahead of June 2022 high

The recent rally in GBP/USD appears to have stalled ahead of the June 2022 high (1.2617) as it snaps the series of higher highs and lows from the start of the week.

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By : David Song
April 14, 2023 01:55 PM
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GBP/USD rally halted ahead of June 2022 high

The recent rally in GBP/USD appears to have stalled ahead of the June 2022 high (1.2617) as it snaps the series of higher highs and lows from the start of the week.

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By : David Song
April 14, 2023 01:55 PM
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GBP/JPY extends recovery as hot CPI boosts BoE hike odds

The GBP/JPY has been supported by a double dose of bullish factors this week.

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UK CPI preview: A return to double-digit inflation on tap

This week’s UK CPI reading will still be one of the biggest factors driving the Bank of England’s early November decision on interest rates...

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October 17, 2022 10:31 AM
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UK CPI preview: A return to double-digit inflation on tap

This week’s UK CPI reading will still be one of the biggest factors driving the Bank of England’s early November decision on interest rates...

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October 17, 2022 10:31 AM
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What will happen to GBP/USD if the UK surprises with higher CPI?

If the data is stronger than expected, will GBP/USD move higher? It may, but most likely not to the extent that the US Dollar did after the stronger US CPI.

September 13, 2022 02:08 PM
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Super inflation Wednesday!

With all the inflation data due out Wednesday, some currency pairs could get volatile

October 19, 2021 04:48 PM

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