EL7.AI
ForexMedium•12 November 2026•
1 min read

GBP/USD Falls for Third Day as Markets Await UK Inflation and Jobs Data

Key Facts

1The GBP/USD pair fell for a third consecutive day to trade around 1.3250, its lowest level since October 15.
2Market focus shifts to upcoming UK employment and inflation data as the next catalysts for the currency.

The GBP/USD pair fell for a third consecutive day to trade around 1.3250, marking its lowest level since October 15, 2026. FXStreet reported that the currency extended its decline from near 1.3450 despite recent positive growth figures from the United Kingdom.

The downward trend is driven by a robust US Dollar as markets fully price in a December interest rate hike by the Federal Reserve, overshadowing previous hawkish sentiment from the Bank of England. Data released on November 12, 2026, showed the UK Gross Domestic Product grew by 0.7% on a quarterly basis, meeting forecasts, while the annual growth rate reached 1.9%.

Market focus now shifts to November 17, 2026, for the release of UK unemployment and employment change data, followed by the annual inflation rate report on November 18, 2026, as the next major catalysts for the pair.

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