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fxAug 19, 2026, 1:36 AM

Pound Drops Below 1.3550 on Soft UK Jobs Data

GBP/USD slid to around 1.3535 in early Asian trading as weak UK labour figures pressured sterling, with CPI data next in focus.

GBPUSD

GBP/USD fell to roughly 1.3535 during early Asian hours on Wednesday, moving below the 1.3550 level. The decline came after UK labour market data disappointed, weakening the pound against the dollar.

Traders now look ahead to the next UK CPI release for further direction on inflation and Bank of England policy expectations.

Source: FXStreet Forex News