The GBPUSD exchange rate experienced a significant decline during the European trading session on Wednesday (12\/17\/2025) following the release of inflation data (consumer price index\/CPI) from the UK. This data influenced expectations regarding a potential interest rate cut by the Bank of England (BoE).<\/p>\n
By the afternoon, GBPUSD plummeted more than 100 pips to hit 1.33114, marking its lowest point in the past week.<\/p>\n
The figures released from the UK indicated that the CPI rose by 3.2% year-on-year (YoY) in November, falling short of the 3.4% forecast by Trading Central and down from the previous month’s 3.6%.<\/p>\n
Additionally, core inflation, which excludes food and energy prices, also rose by 3.2%, again lower than the expected 3.3% and down from October’s 3.5%.<\/p>\n
This slowdown in inflation growth bolsters the expectation that the BoE may lower interest rates by 25 basis points to 3.75% in tomorrow’s meeting. Consequently, this situation is applying pressure on the GBPUSD pair.<\/p>","protected":false},"excerpt":{"rendered":"
The GBPUSD exchange rate experienced a significant decline during the European trading session on Wednesday (12\/17\/2025) following the release of inflation data (consumer price index\/CPI) from the UK. This data influenced expectations regarding a potential interest rate cut by the Bank of England (BoE). By the afternoon, GBPUSD plummeted more than 100 pips to hit […]<\/p>\n","protected":false},"author":4,"featured_media":104460,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142,5173],"tags":[5176],"class_list":["post-104461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trading-analysis","tag-gbpusd"],"yoast_head":"\n