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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 | 1.174520 | +0.12275% |
| GBPUSD | 1.360780 | +0.030139% |
| USDJPY | 156.455000 | -0.068344% |
| XAUUSD | 4567.745000 | -1.17523% |
| USDCAD | 1.357280 | -0.058907% |
| NZDUSD | 0.589610 | -0.19129% |
| USDCHF | 0.780940 | -0.008963% |
| AUDUSD | 0.719700 | -0.055548% |
| EURGBP | 0.863120 | +0.092773% |
| EURJPY | 183.784000 | +0.014693% |
| GBPJPY | 212.899000 | -0.017846% |
| AUDJPY | 112.597000 | -0.065678% |
| CADJPY | 115.281000 | +0.028634% |
| CHFJPY | 200.396000 | +0.003493% |
| NZDJPY | 92.252000 | -0.23791% |
| GBPCHF | 1.062520 | +0.045196% |
| EURCHF | 0.917200 | +0.098221% |
| USDMXN | 17.452000 | +0.040126% |
| USDZAR | 16.704200 | +0.02515% |
| USDTRY | 45.177600 | +0.008633% |
| USDRUB | 74.925000 | +0.053415% |
| USDSEK | 9.232500 | +0.074899% |
| USDCNY | 6.826800 | +0% |
Upcoming Important Events
| Time | Country | Event | Forecast | Previous |
|---|---|---|---|---|
| 01.05.2026 | ||||
| 14:00 | 🇺🇸 | ISM Manufacturing PMI (Apr) | 53 | 52.7 |
| 05.05.2026 | ||||
| 04:30 | 🇦🇺 | Interest Rate Decision (May) | 4.1 | |
| 14:00 | 🇺🇸 | ISM Non-Manufacturing PMI (Apr) | 54 | 54 |
| 14:00 | 🇺🇸 | ISM Non-Manufacturing Prices (Apr) | 70.7 | |
| 14:00 | 🇺🇸 | ISM Services PMI (Apr) | 54 | 54 |
| 14:00 | 🇺🇸 | JOLTs Job Openings (Mar) | 7 | 6.882 |
| 06.05.2026 | ||||
| 14:00 | 🇨🇦 | Ivey PMI (Apr) | 47 | 49.7 |
| 07.05.2026 | ||||
| 01:30 | 🇦🇺 | Balance of Trade (Mar) | 4 | 5.686 |
| 08.05.2026 | ||||
| 06:00 | 🇩🇪 | Balance of Trade (Mar) | 14 | 19.8 |
| 12:30 | 🇺🇸 | Non Farm Payrolls (Apr) | 73 | 178 |