GBP USD

GBP/USD News & Analysis

Live updates, breaking news, and economic events affecting the pound dollar exchange rate. Last updated: 25 May 2026, 20:40 GMT

Current GBP/USD Rate

Upcoming Events (Next 7 Days)

Chicago Fed National Activity Index HIGH IMPACT
26 May 2026, 12:30 GMT
CB Consumer Confidence MEDIUM IMPACT
26 May 2026, 14:00 GMT
Dallas Fed Manufacturing Index HIGH IMPACT
26 May 2026, 14:30 GMT
Durable Goods Orders MEDIUM IMPACT
28 May 2026, 12:30 GMT • Forecast: 0.4
Durable Goods Orders Ex Defense MEDIUM IMPACT
28 May 2026, 12:30 GMT • Forecast: -0.2
Durable Goods Orders Ex Transp MEDIUM IMPACT
28 May 2026, 12:30 GMT • Forecast: 0.5
Fed Balance Sheet HIGH IMPACT
28 May 2026, 20:30 GMT
BoE Gov Bailey Speech HIGH IMPACT
29 May 2026, 08:20 GMT
Goods Trade Balance MEDIUM IMPACT
29 May 2026, 12:30 GMT
Goods Trade Balance Adv MEDIUM IMPACT
29 May 2026, 12:30 GMT • Forecast: -89

High Impact News (Last 24 Hours)

White House Adviser Hassett says ending Iran war may create room for Fed rate cut
US President Donald Trump’s chief economic adviser at the White House, Kevin Hassett, said on Monday that he is confident that an eventual drop in oil prices will create space for the US Federal Reserve (Fed) to cut the interest rates.
FXStreet Forex 15h ago
investingLive Asia-Pacific FX news wrap: Hormuz deal hopes sink oil
Huawei targets 1.4nm chip density by 2031 with new design law to beat US sanctionsRupee may be undervalued after recent slide, RBI governor Malhotra saysNew Fed chair Warsh faces hawkish FOMC as rate cut hopes fade on Iran warPBOC sets USD/ CNY reference rate for today at 6.8318 (vs. estimate at 6.7880)Singapore central bank signals rate stability ahead as Singapore Q1 growth beats forecastsSingapore smashes growth estimates but trade ministry flags Middle East risksLagarde flags ECB inflation f...
ForexLive 16h ago
New Fed chair Warsh faces hawkish FOMC as rate cut hopes fade on Iran war
Kevin Warsh is Fed chair just as FOMC minutes and Fed officials signal that rate cuts are off the table, with hikes a growing possibility if inflation stays elevated.Summary:Kevin Warsh inheriting a committee increasingly aligned toward a prolonged hold or possible tighteningApril FOMC minutes dropped the "nimble" flexibility language in favour of wording indicating policy may need to stay restrictive for longer than previously expectedThree members dissented in favour of removing the statement'...
ForexLive 17h ago

Latest GBP/USD News

FXStreet Forex 25 May 2026, 12:39 GMT MEDIUM IMPACT
The British Pound (GBP) clings to opening gains around 1.3500 against the US Dollar (USD) during the late European trading session on Monday. The GBP/USD pair trades higher as the market sentiment remains risk-on due to expectations that the United States (US) and Iran will reach a deal soon.
FXStreet Forex 25 May 2026, 09:58 GMT MEDIUM IMPACT
UOB’s Quek Ser Leang and Lee Sue Ann note a sharp opening rise in GBP/USD, with rapid upward momentum that could see the pair test 1.3505, while 1.3530 remains a key resistance.
FXStreet Forex 25 May 2026, 09:07 GMT MEDIUM IMPACT
Philip Wee at DBS highlights uncertainty around new Fed Chair Kevin Warsh’s approach, noting President Trump’s preference for lower rates and Warsh’s reform-oriented stance.
FXStreet Forex 25 May 2026, 07:52 GMT MEDIUM IMPACT
MUFG’s Lloyd Chan notes that higher US 2-year yields and elevated Brent prices are supporting broader USD strength, with markets now fully pricing one Fed rate hike by January 2027.
FXStreet Forex 25 May 2026, 06:24 GMT MEDIUM IMPACT
The GBP/USD pair is seen building on its modest bullish opening gap on Monday and recovering further from its lowest level since April 8, around the 1.3300 round figure touched last week.
FXStreet Forex 25 May 2026, 04:46 GMT HIGH IMPACT
US President Donald Trump’s chief economic adviser at the White House, Kevin Hassett, said on Monday that he is confident that an eventual drop in oil prices will create space for the US Federal Reserve (Fed) to cut the interest rates.
ForexLive 25 May 2026, 04:33 GMT HIGH IMPACT
Huawei targets 1.4nm chip density by 2031 with new design law to beat US sanctionsRupee may be undervalued after recent slide, RBI governor Malhotra saysNew Fed chair Warsh faces hawkish FOMC as rate cut hopes fade on Iran warPBOC sets USD/ CNY reference rate for today at 6.8318 (vs. estimate at 6.7880)Singapore central bank signals rate stability ahead as Singapore Q1 growth beats forecastsSingapore smashes growth estimates but trade ministry flags Middle East risksLagarde flags ECB inflation f...
FXStreet Forex 25 May 2026, 04:20 GMT MEDIUM IMPACT
The GBP/USD pair is up 0.35% to near 1.3480 during the Asian trading session on Monday. The Cable trades firmly as market sentiment for riskier assets has improved significantly due to increased hopes of a deal between the United States (US) and Iran.
ForexLive 25 May 2026, 02:54 GMT HIGH IMPACT
Kevin Warsh is Fed chair just as FOMC minutes and Fed officials signal that rate cuts are off the table, with hikes a growing possibility if inflation stays elevated.Summary:Kevin Warsh inheriting a committee increasingly aligned toward a prolonged hold or possible tighteningApril FOMC minutes dropped the "nimble" flexibility language in favour of wording indicating policy may need to stay restrictive for longer than previously expectedThree members dissented in favour of removing the statement'...
FXStreet Forex 25 May 2026, 01:49 GMT MEDIUM IMPACT
The GBP/USD pair gains traction to near 1.3480 during the early Asian session on Monday. The US Dollar (USD) weakens against the British Pound (GBP) as the United States (US) and Iran signal peace progress. Trading volumes are expected to be light due to a market closure for Memorial Day in the US. 
BabyPips 22 May 2026, 23:06 GMT MEDIUM IMPACT
US-Iran peace talks whipsawed every major market this week, while a hawkish Fed, a new Fed Chair, and cratering consumer sentiment made sure no one stayed comfortable.
ForexLive 22 May 2026, 21:16 GMT MEDIUM IMPACT
Stocks remain higher but off highs as hope fades ahead of the weekend for peaceSky News Arabia: Negotiations in Tehran have reached an agreement on nuclear issueBakers Hughes total rig count 758 in the current week, Up 5 for the weekWSJ: Critical Stage in Iran negotiations: Mediators rush to prevent military actionNew Fed Chair Warsh: Ours is a time of great consequenceTrump: I expect Kevin Warsh to go down as one of the very best Fed Chairman.More Waller: Hawkish comments from the Fed GovernorF...
FXStreet Forex 22 May 2026, 18:22 GMT MEDIUM IMPACT
Kevin Warsh was sworn in as the 17th head of the Fed on Friday, the first chair to take the oath at the White House since Alan Greenspan in 1987, a venue choice that says plenty about how close this central bank now sits to the executive branch. The optics got stranger from there.
FXStreet Forex 22 May 2026, 18:15 GMT MEDIUM IMPACT
There is confident, and then there is Friday. The Dow Jones Industrial Average (DJIA) ground out a fresh all-time high, up around a quarter of a percent, on a day that gave it nothing to celebrate.
FXStreet Forex 22 May 2026, 17:24 GMT MEDIUM IMPACT
Freshly-minted Federal Reserve (Fed) Chair Kevin Warsh delivered his first public speech as head of the Fed on Friday, delivering his key talking points after being sworn in.

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.