The British Pound (GBP) is trading slightly lower against the US Dollar (USD), with GBP/USD hovering around the 1.3450 mark, a decline of 0.03% from its opening. This price movement comes as the latest US Consumer Price Index (CPI) figures suggest a potential continuation of the Federal Reserve's easing policy into 2026, impacting market sentiment toward the USD.
The softer inflation data has reignited speculation regarding further interest rate cuts by the Fed, prompting traders to reassess their positions in the currency pair. As the exchange rate holds steady near this key level, investors will be closely monitoring upcoming economic indicators that could influence both the GBP and USD in the near term.
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Data Source: FX Killer Analysis Team Updated: 2026-01-13 17:51
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.