US PPI

The US dollar enters the week with firmer policy support after resilient August payrolls lifted expectations for another Federal Reserve rate increase. EUR/USD and GBP/USD remain driven by inflation risks, central bank signals, and closely watched technical levels.

GBP/USD has retreated from the 1.3550 region after buyers again failed to extend gains near the top of the range. The bearish case remains unconfirmed while 1.3480 holds, leaving traders focused on UK GDP and US PPI for the next catalyst.

GBP/USD has pulled back from near the top of its two month range, with technical traders watching whether the 1.3500 area continues to cap rebounds. US CPI today, US PPI tomorrow, and renewed USA and Iran tensions add a volatile backdrop for sterling dollar traders.