GBP/USD News & Analysis
Live updates, breaking news, and economic events affecting the pound dollar exchange rate. Last updated: 5 Jun 2026, 22:43 GMT
Current GBP/USD Rate
1.3337
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High Impact News (Last 24 Hours)
Forecasting the upcoming week: US Dollar ends week higher after strong NFP
The US Dollar (USD) rallied to near 100.10 on Friday, rising from a daily low of 99.16, after the US Nonfarm Payrolls (NFP) report showed the economy added 172K jobs in May, well above the 85K expected, reinforcing expectations that the Federal Reserve (Fed) could raise interest rates later this yea
New Zealand Dollar heads for 3% weekly loss as robust US payrolls data lifts US Dollar
NZD/USD slips to its lowest level since April on Friday as the US Dollar (USD) receives fresh bids in the wake of solid US Nonfarm Payrolls (NFP) data. At the time of writing, the pair trades around 0.5800 and is heading for a weekly loss of nearly 3%.
US yields rocket as stellar NFP sparks Fed hike bets
US Treasury yields skyrocket across the whole curve on Friday, with the 2-year Treasury note yield rising over 12 basis points, while the benchmark note, the 10-year, surges six basis points following an outstanding Nonfarm Payrolls report.
NFP steamrolls US Dollar bears, now the rally has to stick
The market walked into Friday's payrolls report braced for weakness, and the US Dollar Index (DXY) made it pay. Consensus looked for a soft 85K of new jobs in May, the kind of number that fits a cooling labor market and a Federal Reserve (Fed) edging toward cuts.
British Pound breaks below 1.3400 as blowout NFP ignites US Dollar rally
The Pound Sterling (GBP) falls below the 1.3400 figure on Friday, registering losses of 0.37% against the US Dollar (USD) after the latest Nonfarm Payrolls report in the US crushed estimates, backing the narrative that the economy may be close to full employment.
Latest GBP/USD News
The US Dollar (USD) rallied to near 100.10 on Friday, rising from a daily low of 99.16, after the US Nonfarm Payrolls (NFP) report showed the economy added 172K jobs in May, well above the 85K expected, reinforcing expectations that the Federal Reserve (Fed) could raise interest rates later this yea
NZD/USD slips to its lowest level since April on Friday as the US Dollar (USD) receives fresh bids in the wake of solid US Nonfarm Payrolls (NFP) data. At the time of writing, the pair trades around 0.5800 and is heading for a weekly loss of nearly 3%.
US Treasury yields skyrocket across the whole curve on Friday, with the 2-year Treasury note yield rising over 12 basis points, while the benchmark note, the 10-year, surges six basis points following an outstanding Nonfarm Payrolls report.
The market walked into Friday's payrolls report braced for weakness, and the US Dollar Index (DXY) made it pay. Consensus looked for a soft 85K of new jobs in May, the kind of number that fits a cooling labor market and a Federal Reserve (Fed) edging toward cuts.
The Pound Sterling (GBP) falls below the 1.3400 figure on Friday, registering losses of 0.37% against the US Dollar (USD) after the latest Nonfarm Payrolls report in the US crushed estimates, backing the narrative that the economy may be close to full employment.
The stronger-than-expected U.S. jobs report has created an interesting tug-of-war between the White House, the market, and the Federal Reserve. President Trump wasted little time weighing in, arguing on Truth Social that a "great Jobs Report" should be bullish for stocks, not bearish, emphasizing that economic growth does not automatically translate into inflation. White House NEC Director Kevin Hassett echoed that sentiment, saying the jobs data is not foreshadowing higher inflation and that oi...
Federal Reserve Bank of Cleveland President Beth Hammack said on Friday that it remains reasonable to keep interest rates steady for now, but she warned that if recent economic trends continue, policymakers may soon need to take action to address persistently high inflation.
The Fed's Hammack is a hawk so her highlighting today's jobs report isn't a big surprise but it's notable as a sign of which way the wind is blowing on Fed policy.She wrote:The Federal Reserve’s inflation objective is 2 percent.That number isn’t just theoretical; price stability is a foundation for businesses, consumers, and investors to make sound economic decisions. It’s key to economic growth and maximum employment in the longer run. While I never make too much of any one data point, to...
US stock markets opened lower and have continued to sell off.The S&P 500 is down 87 points or 1.1%, the Nasdaq Composite down 1.9% and the Russell 2000 down 1.5%.Futures were already negative but the selling accelerated after today's non-farm payrolls report. It showed the US adding 172K jobs in May compared to 85K expected. The March and April reports were also revised higher by a combined 72K jobs. When you zoom out, the US jobs picture looks suddenly firm and likely accelerating.This also dov...
The USD is sharply higher following a much stronger-than-expected U.S. employment report. Nonfarm payrolls increased by 172K, well above the 85K forecast, while sizeable upward revisions added another 93K jobs to the prior two months. The unemployment rate held steady at 4.3%, average hourly earnings rose 0.3% on the month and 3.4% year-over-year, and the participation rate remained unchanged. Taken together, the report points to a labor market that remains resilient and is not showing signs of ...
Nonfarm Payrolls (NFP) in the United States (US) rose by 172K in May, the US Bureau of Labor Statistics (BLS) reported on Friday. This print followed the 179K increase (revised from 115K) recorded in April and surpassed the market expectation of 85K by a wide margin.
This is a great report.Prior was +115K (revised to +179K)Two-month net revision +93KMarch was +185K (revised to +214K) Unemployment rate 4.3% vs 4.3% expectedPrior unemployment rate 4.3%Unrounded unemployment 4.296% vs 4.337% priorParticipation rate 61.8% vs 61.8% priorU6 underemployment rate 8.1% vs 8.2% priorAverage hourly earnings +0.3% m/m vs +0.3% expectedAverage hourly earnings +3.4% y/y vs +3.4% expectedAverage weekly hours 34.3vs 34.3 expectedChange in private payrolls +120K vs +85K expe...
IN the video above, I take a look at a technical driving the EURUSD, USDJPY and GBPUSD. After the USD rose North American session erasing earlier declines and closing little changed, the Iraqis lower today with a decline of -0.37% versus the GBP and -0.28% versus the EUR. Versus the JPY, the greenback is lower by -0.12%. The US dollar is lower versus the Canadian dollar by -0.19%.I also take a look at its technicals ahead of the dual job report releases at the bottom of the hour. Yields in the U...
The United States (US) Bureau of Labor Statistics (BLS) will release the Nonfarm Payrolls (NFP) data for May on Friday at 12:30 GMT.
Headlines:Another episode of the boy who cried wolf set to air later today?Explosion halts crude loading at Oman's Mina al Fahal in conflict escalationAmerica still refuses Iran's request to unfreeze the frozen funds - Al ArabiyaSemiconductors continue to struggle ahead of the Wall Street openWhat is the distribution of forecasts for the US NFP?What are analysts expecting from the US jobs report later today?How have interest rate expectations changed after this week's event?Euro area economic gr...
Frequently Asked Questions
Why is GBP/USD moving today?
GBP/USD movements are primarily driven by interest rate decisions from the Bank of England (BoE) and Federal Reserve (Fed), economic data releases from the UK and US economies (CPI, GDP, employment), and geopolitical events. Check our live news feed above for today's specific drivers.
How often is GBP/USD news updated?
Our news feed is automatically updated every 15 minutes from trusted sources including Reuters, Bloomberg, and major forex news providers. Breaking rate alerts are generated instantly when significant moves (>0.5%) are detected.
What affects the GBP/USD exchange rate?
Key factors include Bank of England (BoE) and Federal Reserve (Fed) interest rate policies, economic data releases (UK CPI, BoE interest rate decisions, employment data, GDP; US CPI, Federal Reserve interest rates, Non-Farm Payrolls (NFP), GDP), political events, trade balances, and market sentiment. Major announcements from BoE Governor and MPC members and Fed Chair and FOMC members often trigger significant moves.