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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 1.162220 -0.10608%
GBPUSD 1.317990 -0.082633%
USDJPY 154.560330 +0.028044%
XAUUSD 4080.446750 -2.18849%
USDCAD 1.402440 -0.078428%
NZDUSD 0.568310 +0.52284%
USDCHF 0.794910 +0.30878%
AUDUSD 0.655730 +0.35293%
EURGBP 0.881320 -0.3223%
EURJPY 179.632450 -0.11178%
GBPJPY 203.424980 -0.018687%
AUDJPY 100.974250 -0.005199%
CADJPY 110.208220 +0.024981%
CHFJPY 195.541650 +0.2542%
NZDJPY 87.794800 +0.52763%
GBPCHF 1.046220 +0.30092%
EURCHF 0.923850 +0.090274%
USDMXN 18.308940 +0.023203%
USDZAR 17.073200 +0.15252%
USDTRY 42.235740 -0.041081%
USDRUB 80.725000 +0.031103%
USDSEK 9.435300 +0.3814%
USDCNY 7.099000 +0.062017%

Upcoming Important Events

Time Country Event Forecast Previous
16.11.2025
23:50 🇯🇵 GDP Growth Rate QoQ (Q3) -0.6 0.5
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08:15 🇪🇺 ECB Guindos Speech
13:30 🇨🇦 CPI (Oct) 3.1 3.2
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00:30 🇦🇺 RBA Meeting Minutes
23:50 🇯🇵 Balance of Trade (Oct) -280 -234.6
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07:00 🇬🇧 Inflation Rate YoY (Oct) 3.6 3.8
10:00 🇪🇺 CPI (Oct) 129.7 129.43