📰 GBPUSD Dips Near Eight-Week Low as US Dollar Strengthens and UK Inflation Surprises

📅 Jul 17, 2025, 03:38 EDT | 🔗 Source: Trading Economics

🧠 Summary

GBPUSD trades near an eight-week low amid a stronger US dollar and mixed UK economic data. Rising unemployment and slowing wage growth suggest possible rate cuts, but higher-than-expected inflation clouds Bank of England policy outlook.

💡 Why this signal?

  • The US dollar's renewed strength following comments from former President Trump boosts USD demand, pressuring GBPUSD downward.
  • Mixed UK economic data—rising unemployment and slowing wages versus sticky inflation—create uncertainty around the Bank of England's next monetary moves.
  • Market expectations of two rate cuts in 2025 have slightly softened, but persistent inflation risks delay easing, limiting GBP upside.

📈 GBPUSD Price Trend

⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact

No competitors impacted.

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