British Pound (GBP/USD) news & analysis
GBP/USD is the exchange rate between the British pound and the US dollar, often called "cable" in the market.
The reading
The news
Moderate bullish impulse
Priced in
Not yet priced in
What follows
The move still has room
Reading as of . Research context, not investment advice. It never tells you what to trade.
How a reading is madeWhy is GBP/USD up or down today?
The British pound has seen positive traction as the US dollar remained depressed on softer bond yields. Separately, reports note that the Fed's 2% inflation target may not stop the next rate freeze. For GBP/USD, these dollar-side moves and Fed policy expectations provide context for recent price action.
Updated
Latest news
Monday, October 12
Saturday, October 10
Upcoming economic events
| Event | Forecast | Currency |
|---|---|---|
| Monday, October 12 | ||
| MPC Member Breeden Speaks | GBP | |
| Bank Holiday | USD | |
| MPC Member Mann Speaks | GBP | |
| FOMC Member Hammack Speaks | USD | |
| BRC Retail Sales Monitor y/y | 0.8% | GBP |
| Tuesday, October 13 | ||
| MPC Member Greene Speaks | GBP | |
| FOMC Member Waller Speaks | USD | |
| NFIB Small Business Index | 98.0 | USD |
Day by day
80 days on record since July 22, 2026. Each column is one day: the bar is its headlines, the mark is the reading at its close.
Recent days
- Sun, Oct 11Weak bearish9 headlines. Market focus is on the Federal Reserve's next decision, with reporting that the 2% inflation target may not stop a rate freeze.
- Sat, Oct 10Weak bearish16 headlines. The pound has edged up toward near 1.3250 as the dollar dipped on a Treasury pause and weaker US consumer sentiment.
- Fri, Oct 9Weak bearish14 headlines. The pound has seen mixed moves against a steady to softer US dollar, with headlines pointing to pressure from a stable dollar and rising oil prices, offset at times by a dip in the dollar on a Treasury pause, deteriorating US consumer sentiment, and comments from Fed's Waller on a pause in October.
- Thu, Oct 8Weak bullish10 headlines. The pound has slipped as the US dollar stayed firm alongside soaring US yields, while UK 30-year gilt yields topped 6% amid a renewed bond selloff.
- Wed, Oct 7Neutral15 headlines. The pound has been moving within a range as 30-year UK gilt yields topping 6%, soaring US yields and a firm US dollar have weighed at times.
Frequently asked questions
- What is GBP/USD?
- GBP/USD is the exchange rate between the British pound and the US dollar, often nicknamed "cable."
- What moves GBP/USD?
- It is driven mainly by the interest-rate gap between the Bank of England and the US Federal Reserve, UK inflation and growth data, and global risk sentiment.
- Why is GBP/USD called "cable"?
- The nickname dates to the 19th century, when GBP/USD quotes were transmitted between London and New York over a transatlantic telegraph cable.
Not investment advice. For informational purposes only.