Rebound or failure? GBPUSD hangs in the balance
In anticipation of data from the UK and the US, GBPUSD quotes may reverse and head towards the 1.3500 mark. Discover more in our analysis for 16 July 2025.
GBPUSD forecast: key trading points
UK Consumer Price Index (CPI): previously at 3.4%, projected at 3.4%
US Producer Price Index (PPI): previously at 0.1%, projected at 0.2%
GBPUSD forecast for 16 July 2025: 1.3500
Fundamental analysis
The GBPUSD forecast for 16 July 2025 takes into account that the pair remains in a correction phase and is currently near the support level of the ascending channel.
The UK Consumer Price Index reflects changes in the cost of goods and services for consumers and helps assess consumer behaviour trends and potential stagnation in the economy. Generally, if the CPI exceeds expectations, it has a positive impact on the national currency.
The forecast for 16 July 2025 suggests the CPI for June 2025 may remain at 3.4%. Any increase would support the British pound.
The US PPI is expected to rise to 0.2%, up from 0.1% previously. However, the increase is modest, and the actual figure may differ significantly from the forecast.
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
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