Australia TD-MI Inflation Gauge (MoM) climbed from previous 0.1% to 0.9% in July

Aug 4, 2025

GBP/USD slides closer to mid-1.3200s, downside seems limited ahead of BoE this week

The GBP/USD pair struggles to capitalize on Friday's solid bounce from the 1.3140 area, or its lowest level since May 12, and kicks off the new week on a softer note.

Australia TD-MI Inflation Gauge (MoM) climbed from previous 0.1% to 0.9% in July

GBP/USD slides closer to mid-1.3200s, downside seems limited ahead of BoE this week

Australia TD-MI Inflation Gauge (YoY) remains unchanged at 2.4% in July