British Pound Forecast: GBP/USD Catapults Higher, USD Positioning Wipe Out

British Pound Forecast: GBP/USD Catapults Higher, USD Positioning Wipe Out https://www.dailyfx.com/forex/market_alert/2022/01/13/British-Pound-Forecast-GBPUSD-Catapults-Higher-USD-Positioning-Wipe-Out.html US Dollar weakness combined with an unwind of GBP short positions boosts GBP/USD

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DailyFX - Market News FX

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United States 4-Week Bill Auction dipped from previous 3.68% to 3.61%

GBP/JPY eases as Yen strengthens on rising BoJ rate-hike expectations 11 December 2025

The British Pound (GBP) trades on the backfoot against the Japanese Yen (JPY) on Thursday, as the Yen strengthens broadly on growing expectations of a Bank of Japan (BoJ) rate hike next week.

Pound Sterling Price News and Forecast: Climbs above 1.34 as Fed cut and soft US data weigh on DXY 11 December 2025

Sterling rallies during the North American session, up over 0.68% after the Federal Reserve delivered as expected a 25-basis points rate cut and a softer than expected jobs report, weighed on the Dollar. At the time of writing, the GBP/USD trades at 1.3417 after bouncing off daily lows of 1.3354.

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GBP/USD climbs above 1.34 as Fed cut and soft data weigh on US Dollar 11 December 2025

The Pound Sterling (GBP) rallies during the North American session on Thursday, up over 0.68% after the Federal Reserve (Fed) delivered a 25-basis-point rate cut and a softer-than-expected jobs report, which weighed on the US Dollar (USD).

United States Wholesale Inventories came in at 0.5%, above forecasts (0.1%) in September 11 December 2025

United States Wholesale Inventories came in at 0.5%, above forecasts (0.1%) in September

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USD/JPY trades sharply lower on Thursday around 155.10 at the time of writing, down 0.50% on the day.

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Gold (XAU/USD) regains ground on Thursday, giving back part of earlier losses as the US Dollar (USD) weakens broadly. At the time of writing, the metal is trading around $4,235, with investors reassessing the Federal Reserve’s (Fed) monetary policy outlook after the latest interest rate cut.

US Initial Jobless Claims jump to 236K, Dollar weakens to eight-week low 11 December 2025

The number of Americans filing for new unemployment benefits increased to 236,000 in the week ending December 6, the US Department of Labor (DOL) reported on Thursday.

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The Euro (EUR) edges lower against the Swiss Franc (CHF) on Thursday as the CHF strengthens in the aftermath of the latest Swiss National Bank (SNB) interest rate decision.

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United States Initial Jobless Claims came in at 236K, above expectations (220K) in December 5 11 December 2025

United States Initial Jobless Claims came in at 236K, above expectations (220K) in December 5

United States Goods Trade Balance: $-79B (September) vs $-85.6B 11 December 2025

United States Goods Trade Balance: $-79B (September) vs $-85.6B

Canada Imports down to $64.08B in September from previous $66.91B 11 December 2025

Canada Imports down to $64.08B in September from previous $66.91B

United States Initial Jobless Claims 4-week average rose from previous 214.75K to 216.75K in December 5 11 December 2025

United States Initial Jobless Claims 4-week average rose from previous 214.75K to 216.75K in December 5

Canada Exports increased to $64.23B in October from previous $60.58B 11 December 2025

Canada Exports increased to $64.23B in October from previous $60.58B

United States Goods and Services Trade Balance came in at $-52.8B, above forecasts ($-63.3B) in September 11 December 2025

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Canada International Merchandise Trade up to $0.15B in October from previous $-6.32B 11 December 2025

Canada International Merchandise Trade up to $0.15B in October from previous $-6.32B

Pound Sterling Price News and Forecast: GBP holds onto Fed-related gains against US Dollar 11 December 2025

The Pound Sterling (GBP) trades close to a fresh seven-week high around 1.3400 against the US Dollar (USD) on Thursday. The GBP/USD pair trades firmly as the US Dollar struggles to gain ground following the Federal Reserve’s (Fed) rate cut on Wednesday.

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British Pound Forecast: GBP/USD Catapults Higher, USD Positioning Wipe Out

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