GBP/USD outlook after US CPI data. Focus shifts to UK GDP and potential BoE rate cuts. Technical analysis points to key resistance levels.
11-09-2025 23:47 GMT
by Zain Vawda
Bank of England (BoE) news
The Bank of England (BoE) is the central bank of the United Kingdom. Its primary objective is to maintain price stability, targeting a 2% inflation rate. The BoE uses interest rate adjustments and quantitative easing to influence the economy and achieve its inflation target. It also plays a key role in ensuring financial stability in the UK.
US CPI was higher than expected at 0.4%, while core CPI remained unchanged at 0.3%, in line with the consensus. The UK releases GDP on Friday, with the markets braced for a deceleration to 0%.
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