British Pound (GBP) Price Outlook: GBP/USD Rejects 1.40 Level

British Pound (GBP) Price Outlook: GBP/USD Rejects 1.40 Level https://www.dailyfx.com/forex/market_alert/2021/08/03/British-Pound-GBP-Price-Outlook-GBPUSD-Rejects-140-Level.html GBP/USD is trading sideways ahead of Thursday’s Bank of England announcement on UK monetary policy but could extend lower after rejecting key resistance.

About Post Author

fonecablecom

marketing@fonecable.com

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | **CODE: SHOP100 / SHOP200 / SHOP300**

easypM6CaP — Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

HN4WOMAN — Sponsored by **Harvey Nichols** Founded in 1831, a British luxury department store.

ADVERTISEMENT

DailyFX - Market News FX

Pound Sterling Price News and Forecast: GBP/USD erupts as soft US jobs data crush the Dollar 16 December 2025

The Pound Sterling (GBP) extend its intraday upside move against its major currency peers on Tuesday, following the release of the United Kingdom (UK) preliminary S&P Global Purchasing Managers' Index (PMI) data for December, and the labour market data for the three months ending in October.

GBP/USD erupts as soft US jobs data crush the Dollar 16 December 2025

The GBP/USD surges 0.42% on Tuesday as the latest US jobs report revealed the labor mark weakness, while Retail Sales were unexpectedly unchanged from September figures, an indication of consumers’ resilience. At the time of writing, the GBP/USD trades at 1.3432 after reaching a daily low of 1.3355.

EUR/USD climbs to three-month high after delayed US jobs and Retail Sales data 16 December 2025

The Euro (EUR) edges higher against the US Dollar (USD) on Tuesday after brief two-way volatility as traders digested the delayed US labour market and consumer spending data.

United States Business Inventories in line with expectations (0.2%) in September 16 December 2025

United States Business Inventories in line with expectations (0.2%) in September

US S&P Global Manufacturing PMI declines to 51.8, Services PMI falls to 52.9 in December 16 December 2025

The business activity in the United States' (US) private sector continued to expand in December, albeit at a softer pace than it did in November, with the S&P Global Composite Purchasing Managers' Index (PMI) declining to 53 from 54.2.

United States S&P Global Manufacturing PMI came in at 51.8 below forecasts (52) in December 16 December 2025

United States S&P Global Manufacturing PMI came in at 51.8 below forecasts (52) in December

United States S&P Global Services PMI registered at 52.9, below expectations (54.1) in December 16 December 2025

United States S&P Global Services PMI registered at 52.9, below expectations (54.1) in December

United States S&P Global Composite PMI down to 53 in December from previous 54.2 16 December 2025

United States S&P Global Composite PMI down to 53 in December from previous 54.2

New Zealand GDT Price Index dipped from previous -4.3% to -4.4% 16 December 2025

New Zealand GDT Price Index dipped from previous -4.3% to -4.4%

US Retail Sales virtually unchanged at $732.6 billion in October 16 December 2025

Retail Sales in the United States were virtually unchanged at $732.6 billion in October, the US Census Bureau reported on Tuesday. This print followed the 0.1% increase (revised from 0.3%) recorded in September and came in below the market expectation of +0.1%.

Gold edges higher as investors weigh mixed US jobs data 16 December 2025

Gold (XAU/USD) edges higher on Tuesday as traders digest the delayed US jobs report. At the time of writing, XAU/USD is trading around $4,315 after rebounding from a daily low near $4,271 touched earlier in the European session.

Breaking: Nonfarm Payrolls increase by 64,000 in November vs. 50,000 expected 16 December 2025

Nonfarm Payrolls (NFP) in the United States (US) rose by 64,000 in November, the US Bureau of Labor Statistics (BLS) reported on Tuesday. This reading came in better than the market expectation for an increase of 50,000. The report also showed that Nonfarm Payrolls declined by 105,000 in October.

United States Redbook Index (YoY) rose from previous 5.7% to 6.2% in December 12 16 December 2025

United States Redbook Index (YoY) rose from previous 5.7% to 6.2% in December 12

Retail bull trap 16 December 2025

S&P 500 provided clients with long gains of +43 ES pts before flushing after the opening bell – exactly the dynamic predicted in extensive weekend article.

United States Average Hourly Earnings (YoY) fell from previous 3.8% to 3.7% in October 16 December 2025

United States Average Hourly Earnings (YoY) fell from previous 3.8% to 3.7% in October

United States Average Hourly Earnings (MoM) up to 0.4% in October from previous 0.2% 16 December 2025

United States Average Hourly Earnings (MoM) up to 0.4% in October from previous 0.2%

UNITDSPR Elliott Wave outlook: Bullish structure points to ₹1,798–₹1,962 targets 16 December 2025

Monthly Elliott Wave analysis shows Wave I nearing completion, key Fibonacci targets ahead, and a corrective pullback before the next major rally.

United States Average Weekly Hours: 34.2 (October) 16 December 2025

United States Average Weekly Hours: 34.2 (October)

United States Average Hourly Earnings (YoY) declined to 3.5% in October from previous 3.8% 16 December 2025

United States Average Hourly Earnings (YoY) declined to 3.5% in October from previous 3.8%

Breaking News

A border inside the UK brings Northern Ireland closer to the republic December 31, 2020 at 05:09PM

A beloved Canadian soy sauce runs out December 31, 2020 at 05:09PM

Britain’s relationship with the EU will look like Switzerland’s December 31, 2020 at 05:09PM

What to expect in 2021 according to prediction markets December 31, 2020 at 05:09PM

Russia menaces Alexei Navalny after he exposed its agents’ ineptitude December 31, 2020 at 05:09PM

The next big thing in retail comes with Chinese characteristics December 31, 2020 at 05:09PM

Jobless Cambodians are catching rats to feed Vietnamese city dwellers December 31, 2020 at 05:09PM

Why Chinese tipplers like Chilean wine December 31, 2020 at 05:09PM

Pakistan has fenced itself off from Afghanistan December 31, 2020 at 05:09PM

Congress injects a further $900bn of stimulus into the American economy December 31, 2020 at 05:09PM

British Pound (GBP) Price Outlook: GBP/USD Rejects 1.40 Level

About Post Author

fonecablecom

ADVERTISEMENT

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | CODE: SHOP100 / SHOP200 / SHOP300

ADVERTISEMENT

Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

Three Women Leaders Changing Finance, Economics and Business

Equities Technical Outlook: Indecision in DAX 30 and IBEX 35 as CAC 40 Aims for New All-Time High

Featured widget

Crude Oil Over Crypto

Breaking News

ADVERTISEMENT

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

ADVERTISEMENT

Related Post

Featured widget