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Latest Market Update

 

GBP Market Update

28 Mar 2026 • 01:08 GMT

GBP/USD 1.3262

The GBP remains near recent lows against the USD, trading around 1.3262 amid limited movement and a quiet UK data environment. Investors are cautious as concerns over UK economic slowing, including retail sales contraction, coexist with expectations of potential Bank of England rate hikes driven by rising inflation, while USD strength persists.

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🟢 Mild upside

1.3230 – 1.3460

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🔴 Downtrend

 

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