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fxAug 14, 2026, 8:55 AM

GBP/USD climbs back above 1.3500 as dollar softens

GBP/USD has recovered above the 1.3500 level, supported by broad US dollar weakness after soft inflation and labour market signals.

GBPUSD

GBP/USD recovered above the 1.3500 handle on Friday, supported by broad-based US dollar weakness.

The move came as soft US inflation data and signs of labour market deterioration weighed on the dollar. Traders have grown less confident about the immediate Federal Reserve rate path.

The pair's recovery above 1.3500 leaves it in a firmer short-term position, though the report does not include detailed technical targets.

Source: FXStreet Forex News