GBPUSD: SELL 1.3435, SL 1.3455, TP 1.3310 | 13 August 2025

Events to watch today:

12.08 09:00 EET. GBP - Change in Claimant Count

12.08 15:30 EET. USD - Consumer Price Index

GBPUSD:

The pound is declining after the release of the UK’s June GDP report: the economy grew by only 0.1% q/q, while business investment showed zero dynamics. Weak data strengthen expectations of imminent BoE easing, even though inflation remains above 4%.

For our readers only — a 202% bonus on deposits from $202: mention promo code PROFIT202 in support and trade with TRIPLED capital; details of the promotion via the link.

The contrast with the U.S. is clear: a resilient labor market and stronger wage growth support consumption, while U.S. economic surprises remain consistently positive. The macro gap drives capital inflows into dollar assets and outflows from UK gilts, where 10-year yields have slipped to around 3.75%.

An additional negative factor is the worsening trade balance: the goods deficit widened to £8.7B due to a drop in car and chemical exports. Political uncertainty around possible early parliamentary elections persists, raising the risk premium on GBP assets.

Trade recommendation: SELL 1.3435, SL 1.3455, TP 1.3310

Connect Drawdown bonus 101% and trade with double your deposit! Bonus funds will help you increase your profits or withstand a sudden drawdown!