Temeljna analiza
07 november, 2025
During European trading, the British Pound retreated against the US Dollar, trading below 1.3200 levels.
The GBP/USD traded downward in the European session, as the Bank of England held its rates steady, however more MP’s voted in favor of a cut than expected. Furthermore, a fiscal consolidation for the UK is expected, which leaves manoeuvring space for the BoE to conduct more interest rate cuts in 2026, thus weakening the pound. In the UK, the Mortgage Rate for October came out the same for this month as the previous one (6.78%). In the US, Michigan Consumer Sentiment for November (50.3 exp) will be released (15:00 GMT).*
*Most US Government data will not be published (or will be delayed) because of a government shutdown. Non government US data will be released as normal.
