{"id":104688,"date":"2020-09-16T08:30:33","date_gmt":"2020-09-16T07:30:33","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=104688"},"modified":"2020-09-16T10:28:36","modified_gmt":"2020-09-16T09:28:36","slug":"104312-gbp-usd-pound-holds-onto-positive-territory-after-upbeat-inflation-data","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104312-gbp-usd-pound-holds-onto-positive-territory-after-upbeat-inflation-data\/","title":{"rendered":"GBP\/USD: Pound Holds Onto Positive Territory After Upbeat Inflation Data"},"content":{"rendered":"<p>The Pound US Dollar (GBP\/USD) exchange rate is trading +0.1% just shy of US$1.29 on its third days of gains.<\/p>\n<p><a href=\"https:\/\/currencylive.com\/news\/104311-gbp-usd-pound-trades-under-1-29-despite-upbeat-inflation\/\">UK inflation beat forecasts +0.2% YoY in August<\/a> better than 0% forecast. Core inflation +0.9% YoY vs +1.8% in July<\/p>\n<p>Attention will now turn to the Bank of England\u2019s monetary policy announcement<\/p>\n<p>The US Dollar is edging lower ahead of the Federal Reserve monetary policy announcement later. The Fed are not expected to adjust policy. Attention will be on the update economic projections and any further clarification on the new average inflation target approach.<\/p>\n<div class=\"su-box su-box-style-default\" id=\"\" style=\"border-color:#000061;border-radius:3px;max-width:none\"><div class=\"su-box-title\" style=\"background-color:#071894;color:#FFFFFF;border-top-left-radius:1px;border-top-right-radius:1px\">GBP Index Today - last 90 days<\/div><div class=\"su-box-content su-u-clearfix su-u-trim\" style=\"border-bottom-left-radius:1px;border-bottom-right-radius:1px\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/09\/520b5a3fb269413c4901b1397142c42a.png\" alt=\"\" width=\"800\" height=\"348\" class=\"aligncenter size-full wp-image-104707\" srcset=\"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/09\/520b5a3fb269413c4901b1397142c42a.png 800w, https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/09\/520b5a3fb269413c4901b1397142c42a-300x131.png 300w, https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/09\/520b5a3fb269413c4901b1397142c42a-768x334.png 768w, https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/09\/520b5a3fb269413c4901b1397142c42a-696x303.png 696w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<div style=\"font-size: 75%; line-height: 1.5;\"><div class=\"su-expand su-expand-collapsed su-expand-link-style-default no-margin\" data-height=\"0\"><div class=\"su-expand-content su-u-trim\" style=\"color:#333333;max-height:0px;overflow:hidden\">Currency Index charts show the <strong>strength of a single currency<\/strong> based on a basket of foreign currencies. This is done using a weighted mean (an average) of the 5 largest routes from that source currency and their daily FX rates. You can explore <a style=\"color:#0088FF\" href=\"\/exchange-rate\/\">live exchange rates here<\/a>.<\/div><div class=\"su-expand-link su-expand-link-more\" style=\"text-align:center\"><a href=\"javascript:;\" style=\"color:#0088FF;border-color:#0088FF\"><span style=\"border-color:#0088FF\">What does this show? <\/span><\/a><\/div><div class=\"su-expand-link su-expand-link-less\" style=\"text-align:center\"><a href=\"javascript:;\" style=\"color:#0088FF;border-color:#0088FF\"><span style=\"border-color:#0088FF\">Show less<\/span><\/a><\/div><\/div><\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Pound US Dollar (GBP\/USD) exchange rate is trading +0.1% just shy of US$1.29 on its third days of gains. UK inflation beat forecasts +0.2% YoY in August better than 0% forecast. Core inflation +0.9% YoY vs +1.8% in July Attention will now turn to the Bank of England\u2019s monetary policy announcement The US Dollar [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":5567,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1379,1381],"tags":[1394,1391,1397,1398],"class_list":{"0":"post-104688","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gbp","8":"category-usd","9":"tag-gbp","10":"tag-pound","11":"tag-us-dollar","12":"tag-usd"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/USD: Pound Holds Onto Positive Territory After Upbeat Inflation Data - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/104312-gbp-usd-pound-holds-onto-positive-territory-after-upbeat-inflation-data\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104312-gbp-usd-pound-holds-onto-positive-territory-after-upbeat-inflation-data\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104312-gbp-usd-pound-holds-onto-positive-territory-after-upbeat-inflation-data\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"GBP\\\/USD: Pound Holds Onto Positive Territory After Upbeat Inflation Data\",\"datePublished\":\"2020-09-16T07:30:33+00:00\",\"dateModified\":\"2020-09-16T09:28:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104312-gbp-usd-pound-holds-onto-positive-territory-after-upbeat-inflation-data\\\/\"},\"wordCount\":161,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104312-gbp-usd-pound-holds-onto-positive-territory-after-upbeat-inflation-data\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100623-gbp-usd-investors-and-central-bank.jpg\",\"keywords\":[\"gbp\",\"pound\",\"us dollar\",\"usd\"],\"articleSection\":[\"GBP\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104312-gbp-usd-pound-holds-onto-positive-territory-after-upbeat-inflation-data\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104312-gbp-usd-pound-holds-onto-positive-territory-after-upbeat-inflation-data\\\/\",\"name\":\"GBP\\\/USD: Pound Holds Onto Positive Territory After Upbeat Inflation Data - 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