Gbp news today forex

Here are the latest GBP news and updates that may impact the Forex market:

UK Economy

• UK GDP growth slows to 0.1% in Q2, missing expectations of 0.3% growth (Source: Office for National Statistics)
• UK inflation rate remains steady at 2.1% in July, below the Bank of England's 2% target (Source: Office for National Statistics)

Brexit

• UK and EU negotiators agree on a revised Brexit deal, but it still needs to be approved by the UK Parliament (Source: BBC News)
• UK Prime Minister Boris Johnson says he will not request an extension to the Brexit deadline, despite opposition from some MPs (Source: The Guardian)

Bank of England

• Bank of England Governor Andrew Bailey says the bank is prepared to cut interest rates if necessary to support the economy (Source: Reuters)
• The Bank of England's Monetary Policy Committee votes to keep interest rates unchanged at 0.75% (Source: Bank of England)

GBP/USD

• GBP/USD falls to a one-week low of 1.2050 after the UK GDP growth data disappoints (Source: Reuters)
• GBP/USD recovers to 1.2120 after the Bank of England keeps interest rates unchanged (Source: Bloomberg)

GBP/EUR

• GBP/EUR falls to a one-week low of 0.8550 after the UK GDP growth data disappoints (Source: Reuters)
• GBP/EUR recovers to 0.8610 after the Bank of England keeps interest rates unchanged (Source: Bloomberg)

Other News

• UK Chancellor Sajid Javid says the government will increase spending on public services and infrastructure in the next budget (Source: The Times)
• UK employment data shows a surprise increase in unemployment claims, which could impact the Bank of England's interest rate decision (Source: Office for National Statistics)

These are just some of the latest news and updates that may impact the GBP and Forex market. It's always important to stay informed and up-to-date with the latest news and analysis to make informed trading decisions.