3.7% US inflation sends the Pound to an 11-month low

Hotter US inflation figures knocked GBP/USD to its lowest since late November 2025, and the pair is back near 1.3200, the floor of its range since late September. It dropped from just above 1.3250 on the release to just under 1.3150 at the low, and has recovered about two-fifths of that since.