GBP/USD holds near 1.32 as Fed hike bets offset UK GDP: Nov 13, 2026
The pound is consolidating near multi-week lows below the mid-1.3200s, around 1.32 to 1.3250. Solid UK GDP and industrial output data have been overshadowed by Federal Reserve rate-hike expectations, surging US yields and a dollar at its highest since May 2025, with traders focused on US PPI.
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 November 13
- British Pound consolidates near multi-week low, below mid-1.3200s vs bullish USDFXStreet
- British Pound extends losing streak against US Dollar, US PPI in focusFXStreet
Carried over from earlier days
- British Pound hangs near one-week low, eyes 1.3300 as Fed hike bets lift USDFXStreet
- Sterling today: Pound edges lower as Fed hike bets, hot CPI buoy dollarInvesting.com
- Dollar rises to highest since May 2025 as Fed rate-hike bets heat upcls.cn
- British Pound steadies above 1.3250 as traders await UK GDP dataFXStreet
- GBP/USD Approaches Breaking Point as US Yields SurgeInvesting.com
- British Pound remains depressed despite upbeat UK GDP and industrial output dataFXStreet
- British Pound falls towards 1.32 as Fed hawks outshine solid UK growthFXStreet
- GBP/USD Tests 2026 Lows as Fed Hike Bets Overpower Strong UK GDPInvesting.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, November 13 | ||
| PPI m/m | 0.4% | USD |
| Core PPI m/m | 0.3% | USD |
| FOMC Member Collins Speaks | USD | |
| CB Leading Index m/m | GBP | |
| FOMC Member Logan Speaks | USD | |
| Mortgage Delinquencies | USD | |
| Natural Gas Storage | 65B | USD |
| FOMC Member Bowman Speaks | USD | |