GBP/USD nudges higher on UK inflation as firm US data restrain Pound
GBP/USD trades around 1.3515 on Wednesday, gaining a modest 0.06% at the time of writing, as investors digest the latest inflation figures from the United Kingdom (UK) and assess the outlook for monetary policy on both sides of the Atlantic.
Data released earlier by the Office for National Statistics (ONS) showed that the UK Consumer Price Index (CPI) accelerated to 3.3% YoY in March, matching market expectations and rising from 3% in February. On a monthly basis, inflation increased by 0.7%, above forecasts of 0.6% and marking its strongest rise in nearly a year. Read more…
GBP/USD: Trading with the wave count and banking +88 Pips (+4%)
April 13 2026 we advised EWF members that the GBPUSD pair was in a bullish wave count and that a move higher was coming.
On April 13 2026 I entered the BUY trade when GBPUSD tapped the 1H FVG (Gray). Visible bullish signals, before the buy entry, was the bullish divergence pattern (Red) and the break above CHoCH level (Black) signalling more upside. Read more…
Source: https://www.fxstreet.com/news/pound-sterling-price-news-and-forecast-gbp-usd-nudges-higher-on-uk-inflation-202604221331
