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fxAug 17, 2026, 4:05 PM

Pound edges higher ahead of UK jobs and inflation data

Sterling rose 0.14% on Monday as traders weighed softer-than-expected US inflation and positioned before key UK jobs and CPI releases.

GBPUSD

The British Pound posted modest gains on Monday, trading at 1.3552 against the US Dollar after bouncing off daily lows. The move came as investors digested softer-than-expected US inflation data.

Focus now turns to upcoming UK jobs and inflation figures, which traders are watching for signals on the Bank of England's next steps.

Source: FXStreet Forex News