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GBP/USD Price Forecast: Cable Plummets to Fresh Seven-Month Lows Ahead of BoE Decision
Continuing a period of bearish momentum, cable is now on pace for its worst two-weekly performance since November 2024, with four days to spare until the candle closes.
Date:
05.11.2025 |
Source:
actionforex.com
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Quotes
| Instrument | Price | Change (%) |
|---|---|---|
| EURUSD | 1.163000 | -0.061871% |
| GBPUSD | 1.344340 | +0.070717% |
| USDJPY | 157.874000 | +0.12303% |
| XAUUSD | 5191.385000 | +1.04079% |
| USDCAD | 1.356720 | -0.14352% |
| NZDUSD | 0.593370 | +0.016856% |
| USDCHF | 0.776390 | -0.068218% |
| AUDUSD | 0.711300 | +0.54137% |
| EURGBP | 0.865090 | -0.009247% |
| EURJPY | 183.610000 | +0.082307% |
| GBPJPY | 212.230000 | +0.20775% |
| AUDJPY | 112.307000 | +0.66057% |
| CADJPY | 116.369000 | +0.21271% |
| CHFJPY | 203.308000 | +0.21244% |
| NZDJPY | 93.672000 | +0.14219% |
| GBPCHF | 1.043710 | -0.068937% |
| EURCHF | 0.902980 | -0.13493% |
| USDMXN | 17.563200 | -0.34464% |
| USDZAR | 16.286430 | +0.00264% |
| USDTRY | 44.043410 | -0.05013% |
| USDRUB | 78.910000 | +0.5415% |
| USDSEK | 9.126950 | +0.001974% |
| USDCNY | 6.876100 | -0.4344% |
Upcoming Important Events
| Time | Country | Event | Forecast | Previous |
|---|---|---|---|---|
| 11.03.2026 | ||||
| 06:00 | 🇩🇪 | CPI (Feb) | 0.2 | 0.2 |
| 07:00 | 🇩🇪 | CPI (Feb) | 0.2 | 0.1 |
| 12:30 | 🇺🇸 | Core Inflation Rate MoM (Feb) | 0.2 | 0.3 |
| 12:30 | 🇺🇸 | Core Inflation Rate YoY (Feb) | 2.5 | 2.5 |
| 12:30 | 🇺🇸 | Inflation Rate MoM (Feb) | 0.3 | 0.2 |
| 12:30 | 🇺🇸 | Inflation Rate YoY (Feb) | 2.4 | 2.4 |
| 12.03.2026 | ||||
| 12:30 | 🇺🇸 | Housing Starts (Jan) | 1.37 | 1.404 |
| 13.03.2026 | ||||
| 07:00 | 🇬🇧 | Gross Domestic Product MoM (Jan) | 0.1 | 0.1 |
| 11:30 | 🇺🇸 | Gross Domestic Product QoQ (Q3) | 1.4 | 4.3 |
| 12:30 | 🇺🇸 | Core PCE Price Index MoM (Jan) | 0.3 | 0.4 |