Sterling ended last week relatively unmoved against both the US dollar and the euro. It looks like a currency waiting for a reason to pick a direction, and that may come soon. The Office for National Statistics (ONS) has labour-market updates tomorrow, inflation on Wednesday, then retail sales and the public finances on Friday. After this month’s close decision from the Bank of England, a cut next month is largely expected but the economic indicators complicate the picture.
GBP: Economic indicators to point direction
Christopher Nye
on February 16th, 2026 
