GBP/USD news for October 15, 2026
The pound came under pressure after U.S. inflation data showing 3.7% lifted expectations for further Federal Reserve rate hikes, sending GBP/USD to an 11-month low. It has since steadied and stayed inside its recent range, with Bank of England official Huw Pill's commentary on rates and upcoming UK data in focus for the policy outlook on both sides.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the GBP/USD page.
Headlines (10)
First seen on October 15
Carried over from earlier days
- Watch the Morning Kickstart video for a technical look at EURUSD, USDJPY and GBPUSD.InvestingLive
- Pound gains and stays inside its range for a third weekFXStreet
- BOE’s Pill ‘Skeptical’ Four Rate Rises Needed to Tame InflationThe Wall Street Journal
- British Pound gives back some early gains ahead of US CPI releaseFXStreet
- What are the key levels in play for the US dollar after the hotter than expected CPIInvestingLive
- British Pound slides as US CPI lifts Fed rate-hike expectationsFXStreet
- Forex Today: More US inflation alongside jobs in OzFXStreet
- investingLive Americas market news wrap: Hot CPI upends marketsInvestingLive
- 3.7% US inflation sends the Pound to an 11-month lowFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, October 15 | ||
| FOMC Member Bowman Speaks | USD | |
| MPC Member Pill Speaks | GBP | |
| Index of Services 3m/3m | 0.8% | GBP |
| Industrial Production m/m | -0.1% | GBP |
| Manufacturing Production m/m | -0.1% | GBP |
| Unemployment Rate | GBP | |
| GDP m/m | -0.1% | GBP |
| Goods Trade Balance | -21.9B | GBP |