# GBP/USD Price Forecast — Pound ($1.3356) Slides 0.7% as 165K US Payrolls Overpower BoE Hike to 4% — 1.3250 Target in Focus

> GBP/USD fell 0.7% to $1.3356 after U.S. October payroll growth reached 165,000, well above the 70,000 consensus, and unemployment declined to 4.1%. The move followed the Bank of England’s 25-basis-point rate increase to 4%, which had failed to lift sterling; the article also notes the BoE’s forecast for inflation to reach 4.9% by mid-2027.

- Date: 2026-11-06 · published 2026-11-06T21:12:23.490Z
- Category: macro · region United Kingdom and United States · magnitude low
- Page: https://feedsoft.ai/events/84906-gbp-usd-price-forecast-pound-1-3356-slides-0-7-as-165k-us-payrolls-overpower
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Stronger U.S. employment data increased expectations of further Federal Reserve tightening, strengthening the dollar and pressuring sterling. This is primarily a currency-market driver, with no direct feed-commodity supply or demand change identified.

## Read by commodity

- GBPUSD: bearish ▼

## Sources

- tradingnews.com: https://www.tradingnews.com/news/gbp-usd-drops-to-13556--as-a-hiking-fed-outweighs-the-boes-4-percent-rate-and-its-4-percent-inflation-path

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.