# GBP/USD Price Forecast: Holds firm above 1.3350, but remains capped below key moving average

> GBP/USD traded near 1.3385 in early Monday trading, supported by the Bank of England’s 25-basis-point rate increase to 4.00%. The BoE cited elevated energy-driven inflation risks and raised its growth forecasts, while the currency pair remained below its 100-day moving average.

- Date: 2026-11-09 · published 2026-11-09T21:09:49.765Z
- Category: macro · region United Kingdom · magnitude low
- Page: https://feedsoft.ai/events/90172-gbp-usd-price-forecast-holds-firm-above-1-3350-but-remains-capped-below-key
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The rate increase supports sterling against the dollar, potentially changing the exchange-rate cost of UK feed and commodity imports. The price implications are limited because the article focuses on currency trading rather than a change in agricultural supply or demand.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- fxstreet.com: https://www.fxstreet.com/news/gbp-usd-price-forecast-holds-firm-above-13350-but-remains-capped-below-key-moving-average-202611090653

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