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fxAug 11, 2026, 3:25 PM

Pound Holds at 1.3508 as Markets Brace for US CPI, UK GDP

The British pound trades near 1.3508 against the dollar after soft US jobs data, with investors eyeing upcoming US inflation and UK GDP releases on Thursday.

GBPUSD

The pound sterling remained firm against the dollar on Tuesday, trading around 1.3508. The move followed softer-than-expected US employment figures, which weighed on the greenback.

Traders are now looking ahead to key data due Thursday, including the US consumer price index report and the UK’s GDP reading. Both releases could shape near-term direction for the pair.

Source: FXStreet Forex News