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fxAug 13, 2026, 10:31 PM

Pound holds below 1.3500 despite UK growth beat and soft US inflation

Sterling traded narrowly just under 1.3500 on Thursday even after stronger UK growth data and softer US inflation.

GBPUSD

Sterling was confined to a session range of barely 40 pips on Thursday, holding just below the 1.3500 level. The limited move came despite a morning UK growth beat and an afternoon US inflation reading that came in on the soft side.

The thin reaction suggests the market saw little new information in the data, leaving GBPUSD in a holding pattern near the 1.3500 area.

Source: FXStreet Forex News