Thursday, October 15, 2026

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GBP/USD sees dip buyers emerging after UK inflation data

Dip buyers seen after knee-jerk GBP drop on UK Jan inflation data Annualized CPI falls to 0.3%, as per Reuters poll forecast GBP bulls emphasize expansion of UK earnings growth vs CPI UK annualized core CPI rises to 1.4%…

By Meredith J C Warren
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Dip buyers seen after knee-jerk GBP drop on UK Jan inflation data

  • Annualized CPI falls to 0.3%, as per Reuters poll forecast

  • GBP bulls emphasize expansion of UK earnings growth vs CPI

  • UK annualized core CPI rises to 1.4% in Jan, from 1.3% in Dec

  • 1.5332 = cable low post-UK CPI. 1.5345 = pre-data release low 

 

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