GBP/USD

AI take

Sterling is holding a firmer Bank of England overlay after the UK labour-market package showed unemployment declining and payrolls rising, with UK CPI due today and the Autumn budget scheduled for October 28. Last week's hold was a 6-3 split, with three members voting for a hike, and the pair has been holding up better against the euro as euro-area fiscal concerns broadened after French unrest. Watch that inflation print, Governor Andrew Bailey and MPC member Huw Pill, and how remaining Fed speakers treat the inflation prints.

Scheduled take · 2026-10-21T03:10:04Z

• FXStreet -- Pound rises on upbeat employment data, US dollar retreats