GBPUSD - 16 Jan - GBP Good GDP News Expectations
Updated
GBPUSD trend forecast January 16, 2025
The CPI report revealed that core CPI, which excludes volatile categories like food and energy, increased by 3.2% year-on-year, slightly below expectations and November’s 3.3% figure. On a monthly basis, core inflation rose by 0.2%, aligning with forecasts but lower than the previous month’s 0.3%. Meanwhile, the annual headline CPI accelerated to 2.9%, matching estimates and up from 2.7% in November, while the monthly headline CPI grew by 0.4%, surpassing both forecasts and the prior 0.3% reading.
The softer core inflation data from the US is unlikely to heighten expectations that the Federal Reserve (Fed) will implement more than one interest rate cut this year. Markets anticipate that inflationary pressures will remain persistent, driven by factors like stricter immigration policies, increased tariffs, and tax cuts under Trump’s administration, which are expected to stimulate demand for domestically produced goods and services.
Continuing the news of GDP GBP announced today, according to experts, there will be positive changes in the UK economy at the beginning of the year, good for GBP, H1 FRAME moving in the uptrend line
/// BUY GBPUSD : zone 1.22050 - 1.21900
SL: 1.21650
TP: 40 - 70 - 150pips ( 1.23400 )
Safe and profitable trading
The CPI report revealed that core CPI, which excludes volatile categories like food and energy, increased by 3.2% year-on-year, slightly below expectations and November’s 3.3% figure. On a monthly basis, core inflation rose by 0.2%, aligning with forecasts but lower than the previous month’s 0.3%. Meanwhile, the annual headline CPI accelerated to 2.9%, matching estimates and up from 2.7% in November, while the monthly headline CPI grew by 0.4%, surpassing both forecasts and the prior 0.3% reading.
The softer core inflation data from the US is unlikely to heighten expectations that the Federal Reserve (Fed) will implement more than one interest rate cut this year. Markets anticipate that inflationary pressures will remain persistent, driven by factors like stricter immigration policies, increased tariffs, and tax cuts under Trump’s administration, which are expected to stimulate demand for domestically produced goods and services.
Continuing the news of GDP GBP announced today, according to experts, there will be positive changes in the UK economy at the beginning of the year, good for GBP, H1 FRAME moving in the uptrend line
/// BUY GBPUSD : zone 1.22050 - 1.21900
SL: 1.21650
TP: 40 - 70 - 150pips ( 1.23400 )
Safe and profitable trading
Trade active
+ 55 pips , amazing signal BUY GBPUSD( 1.22050 - 1.21900 ) , amazing 
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