On Wednesday, GBP/USD remained stable at 1.3436. The British pound was supported by a sell-off in the US dollar following increased trade tensions between the US and Europe over Greenland.

GBP/USD slips after CPI data & ahead of Trump’s speech. USD/JPY hold steady ahead of Trump & Friday’s BoJ meeting.

Indices were under further pressure as Donald Trump heads to Davos.

The GBP/USD price analysis remains firm after UK CPI reports a mild rebound to 3.4% against the expected 3.3%.

Johnson & Johnson reported Q4 2025 revenue of $24.6 billion, beating expectations, while EPS came in at $2.46, just below forecasts.

Japanese bonds rebounded strongly following a sharp selloff that had reverberated across global debt markets

The latest rise in UK inflation – from 3.2% to 3.4% in December – shouldn't last.

Rising US Treasury yields further pressured stocks, while reports of a Danish pension fund’s plans to reduce its holdings in US Treasuries added to investor anxiety.