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GBP/USD Outlook: Better CPI Boosts Pound Ahead of FOMC

by Forex Crunch
June 18, 2025
in Forex Analysis
Reading Time: 1 min read

The GBP/USD outlook remains neutral amid the Middle East crisis. The UK CPI data came upbeat, lending mild support to the pound. Markets now focus on FOMC and BoE policy guidance. The GBP/USD outlook improved slightly on Wednesday as the UK CPI met expectations, showing a rise in food inflation. However, the pair lost more…
The post GBP/USD Outlook: Better CPI Boosts Pound Ahead of FOMC appeared first on Forex Crunch.
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