USDJPY
EURUSD
GBP/USD
GBP/USD flat near 1.3450 as softer US CPI revives Fed cut bets
Key Takeaways (30s Read)
GBP/USD is flat near 1.3450 as softer US CPI revives Federal Reserve cut bets for 2026.
The latest US inflation report opens the door for potential Federal Reserve policy easing in 2026, leading to a negative turn for the British Pound (GBP) on Tuesday. However, GBP/USD remains near its opening price, showing minimal fluctuations. Currently, GBP/USD trades around 1.3450, down 0.03% from the previous day. Continued inflation concerns suggest that the Fed may cut interest rates, impacting the market sentiment. The upcoming US economic indicators will be critical for determining GBP/USD's trajectory.
AI Analyst
AI Opinion
"The softness in the US CPI has heightened expectations for a potential policy shift by the Federal Reserve, particularly regarding rate cuts in 2026. Consequently, GBP/USD is showing a flat trend around 1.3450. However, market sentiment remains cautious, as upcoming US economic indicators could trigger significant volatility. Investors are awaiting outcomes from the US economic reports, but the spread of sudden rate cut expectations poses risks that could affect the broader forex market. It is crucial to monitor market trends while looking for solid support levels."
RECOMMENDED BROKER Trusted Broker
Maximize This Opportunity.
Turn AI-detected market inefficiencies into profit with industry-leading specs. There's a reason pros choose Exness.
Raw Spreads
0.0 pips~
Leverage
Unlimited
Execution
Instant
AI Market Analysis Team
Combining advanced AI algorithms with professional trader insights. We analyze market drivers 24/7 to provide objective trading scenarios.