GBP/USD is the exchange rate between the British pound and the US dollar, often called "cable" in the market.
UK jobs market data weakened the case for further Bank of England rate hikes, while flat Treasury yields and an upcoming overhaul of the Fed’s preferred inflation gauge left U.S. rate expectations in flux. These contrasting signals for monetary policy in both economies are key drivers of the pound-dollar exchange rate.
Updated 1 hr. ago
NewsPips AI continuously analyses the news that moves GBP/USD.
Try a live analysisNot investment advice. For informational purposes only.
We use cookies to keep you signed in (strictly necessary — always on). With your permission, we also use Sentry to collect error diagnostics including your IP address and browser metadata (no session replay) so we can fix bugs. See our privacy policy.