{"id":30593,"date":"2025-09-11T08:08:19","date_gmt":"2025-09-11T08:08:19","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=30593"},"modified":"2025-09-11T08:08:19","modified_gmt":"2025-09-11T08:08:19","slug":"gbpusd-awaits-back-to-back-news-blasts","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/gbpusd-awaits-back-to-back-news-blasts\/","title":{"rendered":"GBPUSD Awaits Back-to-Back News Blasts"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/gbp6-1024x559.png\" alt=\"\" class=\"wp-image-17036\" \/><\/figure>\n\n\n\n<p><strong>Key Points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>GBP\/USD is trading at 1.3505, down 0.18% after stalling below its July peak of 1.3788.<\/li>\n\n\n\n<li>Markets expect US CPI to rise 2.9% YoY for August; a hot print could delay Fed cuts.<\/li>\n\n\n\n<li>UK GDP is forecast at 0.0% YoY on Friday; any upside surprise may lift sterling.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p>The GBPUSD pair hovered near the 1.3500 handle on Thursday morning, with little directional conviction as traders awaited a one-two punch of economic releases from both sides of the Atlantic.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">FTSE 100 Live: UK Stocks to Edge Higher, Pound Hovers Around $1.35 <a href=\"https:\/\/t.co\/LatyU6cEhD\">https:\/\/t.co\/LatyU6cEhD<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1966016443356446784?ref_src=twsrc%5Etfw\">September 11, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Today\u2019s spotlight is firmly on the August US <a href=\"https:\/\/www.bls.gov\/news.release\/cpi.nr0.htm\" target=\"_blank\" rel=\"noopener\" title=\"\">Consumer Price Index (CPI)<\/a>, expected to come in at 2.9% year-on-year. This would mark an uptick from July\u2019s 2.7% and support the view that inflation is still moving higher, albeit gradually.<\/p>\n\n\n\n<p>If the CPI comes in line with expectations or lower, the Fed will likely maintain course toward a 25 basis point cut next week. However, a strong surprise to the upside could complicate that trajectory.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">&quot;We believe that 25 basis points is probably the right metric,&quot; Schwab Asset Management CEO Omar Aguilar says. &quot;The probability of the Fed pausing until probably December is an unrealistic scenario.&quot; <a href=\"https:\/\/t.co\/VuFmkPfzmv\">pic.twitter.com\/VuFmkPfzmv<\/a><\/p>&mdash; Yahoo Finance (@YahooFinance) <a href=\"https:\/\/twitter.com\/YahooFinance\/status\/1963960343480107086?ref_src=twsrc%5Etfw\">September 5, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>According to <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\" target=\"_blank\" rel=\"noopener\" title=\"\">CME FedWatch data<\/a>, market participants have already priced in a more than 90% chance of a rate cut at the Federal Reserve\u2019s 16\u201317 September policy meeting.<\/p>\n\n\n\n<p>But inflation remains the wild card\u2014any deviation from the expected CPI print could reshuffle the deck on rate path assumptions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">UK GDP Eyed as Sterling Awaits Second Shoe<\/h2>\n\n\n\n<p>On Friday morning, the UK enters the spotlight with its own major macro release: <a href=\"https:\/\/www.ons.gov.uk\/economy\/grossdomesticproductgdp\" target=\"_blank\" rel=\"noopener\" title=\"\">Gross Domestic Product (GDP)<\/a>. Economists anticipate 0.0% year-on-year growth, effectively flat.<\/p>\n\n\n\n<p>Any surprise to the upside\u2014even mild expansion\u2014would boost the pound, as it would offer a glimmer of economic resilience despite global headwinds and domestic uncertainty.<\/p>\n\n\n\n<p>So far, GBP\/USD has had a strong year. The pair is up around 8% since the start of January, showing resilience against both dollar strength and <a href=\"https:\/\/t.co\/LiiZu7bGy2\" target=\"_blank\" rel=\"noopener\" title=\"\">sluggish UK growth<\/a>.<\/p>\n\n\n\n<p>This performance is underpinned by strong technical structure, with price trading comfortably above the 50-day, 100-day, and 200-day moving averages.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Overview<\/h2>\n\n\n\n<p>The <strong>GBP\/USD<\/strong> pair is trading at <strong>1.3505<\/strong>, down <strong>-0.18%<\/strong> on the day, slipping slightly after failing to hold above recent consolidation.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/image-15-1024x449.jpg\" alt=\"\" class=\"wp-image-30594\" \/><\/figure>\n\n\n\n<p>Technically, the pair remains in a medium-term uptrend from its February 2025 low at <strong>1.2332<\/strong>, though momentum has cooled since the July peak of <strong>1.3789<\/strong>.<\/p>\n\n\n\n<p>The <strong>50-day moving average<\/strong> has flattened, suggesting sideways consolidation, while the <strong>MACD<\/strong> sits close to the zero line, showing limited momentum either way.<\/p>\n\n\n\n<p>Key support lies at <strong>1.3400<\/strong>, with further downside risks if broken toward <strong>1.3250<\/strong>. On the upside, immediate resistance is at <strong>1.3600<\/strong>, followed by <strong>1.3789<\/strong> (July high). Sustained trade above <strong>1.3600<\/strong> could reignite bullish momentum.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Cautious Forecast<\/h2>\n\n\n\n<p>In the short term, GBP\/USD is expected to remain range-bound between 1.3450 and 1.3600 ahead of the dual macro releases.<\/p>\n\n\n\n<p>A <a href=\"https:\/\/t.co\/RSpHEtMms0\" target=\"_blank\" rel=\"noopener\" title=\"\">CPI print below expectations<\/a> could trigger immediate dollar weakness and push the pair toward 1.3620. Conversely, hotter inflation would strengthen the greenback and pressure cable lower.<\/p>\n\n\n\n<p>Looking further ahead into the medium term, a resilient UK GDP print would offer a solid floor for the pound, especially if the <a href=\"https:\/\/t.co\/vyZIGyBOLI\" target=\"_blank\" rel=\"noopener\" title=\"\">Bank of England stays hawkish<\/a> amid sticky services inflation.<\/p>\n\n\n\n<p>If both UK and US data come in weak, GBP\/USD could struggle to break out of its current 1.33\u20131.36 range and may stagnate as traders wait for further policy clarity from both central banks.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Create your live VT Markets account<\/a> and <a href=\"https:\/\/myaccount.vtmarkets.com\/login?_gl=1*d96fp5*_gcl_au*Njc1MzM0NjY0LjE3NTEzNTM4MTc.*_ga*MjA5ODA0NDIzNC4xNzI3OTE1ODQ1*_ga_J26NL1ZVX7*czE3NTczOTYxNzckbzgzJGcwJHQxNzU3Mzk2MTc3JGo2MCRsMCRoMA..*_ga_6XQ8153GYW*czE3NTczODczODQkbzE4MyRnMCR0MTc1NzM4NzM4NCRqNjAkbDAkaDA.*_ga_BG6LYEHPX1*czE3NTczODczODQkbzEzMSRnMCR0MTc1NzM4NzM4NCRqNjAkbDAkaDA.*_ga_7CG6454YR5*czE3NTczODczODQkbzEzMSRnMCR0MTc1NzM4NzM4NCRqNjAkbDAkaDA.*_ga_J8BRGZSREX*czE3NTczODczODUkbzEzMSRnMCR0MTc1NzM4NzM4NSRqNjAkbDAkaDA.*_ga_69Z54R4H9N*czE3NTczODczODYkbzEzMSRnMCR0MTc1NzM4NzM4NiRqNjAkbDAkaDA.*_ga_CY2VCKFC3C*czE3NTczODczODYkbzEzMSRnMCR0MTc1NzM4NzM4NiRqNjAkbDAkaDA.*_ga_TXZ07R2C21*czE3NTczODczODYkbzEzMSRnMCR0MTc1NzM4NzM4NiRqNjAkbDAkaDA.*_ga_17TMGY9BBE*czE3NTczODczODgkbzEzMCRnMCR0MTc1NzM4NzM4OCRqNjAkbDAkaDA.*_ga_2QCC3S2748*czE3NTczODczODgkbzEyOSRnMCR0MTc1NzM4NzM4OCRqNjAkbDAkaDA.*_ga_MWDVVSEVL5*czE3NTczODczODgkbzEyOSRnMCR0MTc1NzM4NzM4OCRqNjAkbDAkaDA.*_ga_EJCVQDC7VT*czE3NTczODczODkkbzEyNSRnMCR0MTc1NzM4NzM4OSRqNjAkbDAkaDA.*_ga_XJ4037XKK6*czE3NTczODczOTEkbzEyNCRnMCR0MTc1NzM4NzM5MSRqNjAkbDAkaDA.*_ga_E7D2PCX624*czE3NTczODczOTEkbzEyMyRnMCR0MTc1NzM4NzM5MSRqNjAkbDAkaDA.\" target=\"_blank\" rel=\"noopener\" title=\"\">start trading<\/a> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD holds steady near 1.3500 as markets brace for back-to-back macro events: US inflation and UK GDP. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":64,"featured_media":17036,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[10,58],"class_list":["post-30593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-forex","tag-pound"],"acf":{"acf_article_selection_author":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/30593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=30593"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/30593\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/17036"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=30593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=30593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=30593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}