Macro Reaction

UK CPI Reaction: GBP/USD and Bitcoin After UK Inflation Data

How GBP/USD, Bitcoin and Ethereum moved after every UK CPI (ONS consumer price inflation) release since 2017, released at 7:00am UK time.

Next release: Wed 21 Oct 2026 07:00 UK · September 2026 data

Not financial advice. Historical data only. Past reactions do not predict future moves. Figures are computed automatically from public data and may contain errors. Crypto and leveraged trading carry a high risk of loss.
Releases tracked
117
2017-01-17 → 2026-09-16
BTC avg first-hour move
0.51%
1.3× a typical hour
First-hour move reversed by +4h
28%
BTC, n=117 · ETH 33%
BTC higher after 1 day
51%
median +0.07%

Summary

Asset / horizonMedian move% upAvg absolute moven
Bitcoin (BTC) +1h+0.06%56%0.51%117
Bitcoin (BTC) +4h+0.05%55%0.89%117
Bitcoin (BTC) +1d+0.07%51%2.53%117
Bitcoin (BTC) +7d-0.35%48%7.13%117
Ethereum (ETH) +1h+0.00%50%0.57%109
Ethereum (ETH) +4h-0.15%46%1.14%109
Ethereum (ETH) +1d-0.38%47%3.79%109
Ethereum (ETH) +7d-0.20%49%8.82%109
GBP/USD next noon NY fix-0.04%46%0.37%117
GBP/USD +7d+0.00%50%0.95%117

Every past release

BTC/ETH: Bitstamp BTC/USD and ETH/USD price at the exact release minute vs +1h/+4h/+1d/+7d. "Reversed?" = the +4h move has the opposite sign to the +1h move. GBP/USD: first Federal Reserve H.10 noon New York fix after the release vs the last fix before it (for 8:30am ET US releases this is the same day's noon fix). Click a date for the official release.

Release (UK time)BTC +1hBTC +4hReversed?BTC +1dBTC +7dETH +1hETH +4hGBP/USD next noon NY fix
Wed 16 Sep 2026 07:00
August 2026
+0.08%+0.02%no+0.45%+13.94%-0.09%-0.09%-0.21%
Wed 19 Aug 2026 07:00
July 2026
+0.15%+0.29%no+8.09%+23.21%+0.38%+0.47%+0.48%
Wed 22 Jul 2026 07:00
June 2026
-0.08%-0.08%no-0.42%-2.97%-0.11%+0.27%+0.03%
Wed 17 Jun 2026 07:00
May 2026
-0.32%-1.39%no-2.80%-4.51%-0.19%-1.15%-0.28%
Wed 20 May 2026 07:00
April 2026
+0.28%+0.37%no+0.82%-1.99%+0.37%+0.16%+0.30%
Wed 22 Apr 2026 07:00
March 2026
+0.03%+0.03%no+0.11%-0.91%-0.12%-0.33%-0.05%
Wed 25 Mar 2026 07:00
February 2026
-0.10%+0.72%yes-1.29%-2.67%+0.10%+0.99%-0.07%
Wed 18 Feb 2026 07:00
January 2026
+0.40%-0.06%yes-1.01%-4.31%+0.82%-0.27%-0.03%
Wed 21 Jan 2026 07:00
December 2025
-0.50%-0.45%no+0.60%-0.40%-0.30%-0.53%-0.31%
Wed 17 Dec 2025 07:00
November 2025
+0.30%-0.16%yes-0.15%+0.25%+0.38%-0.58%-0.29%
Wed 19 Nov 2025 07:00
October 2025
+0.98%+0.36%no+1.08%-3.47%+1.43%+1.66%-0.57%
Wed 22 Oct 2025 07:00
September 2025
-0.19%-0.21%no+0.69%+4.44%-0.20%-0.62%-0.14%
Wed 17 Sep 2025 07:00
August 2025
+0.11%-0.46%yes+0.13%-3.82%+0.69%-0.44%+0.05%
Wed 20 Aug 2025 07:00
July 2025
-0.02%-0.01%no+0.25%-2.05%+0.00%+0.90%-0.34%
Wed 16 Jul 2025 07:00
June 2025
+0.37%+1.13%no+0.68%+0.72%+0.75%+0.62%+0.22%
Wed 18 Jun 2025 07:00
May 2025
-0.41%-0.69%no-0.49%+0.79%-0.56%-0.43%-0.33%
Wed 21 May 2025 07:00
April 2025
+0.19%-1.26%yes+3.02%+1.32%+0.19%-2.64%+0.57%
Wed 16 Apr 2025 07:00
March 2025
+0.38%+0.27%no+1.21%+12.16%+0.55%-0.03%+0.18%
Wed 26 Mar 2025 07:00
February 2025
+0.25%+0.34%no-0.63%-4.31%+0.12%+0.36%-0.46%
Wed 19 Feb 2025 07:00
January 2025
+0.09%+0.76%no+1.40%-7.07%+0.36%+1.02%-0.34%
Wed 15 Jan 2025 07:00
December 2024
+0.24%-0.16%yes+2.81%+8.56%+0.07%-0.63%+0.21%
Wed 18 Dec 2024 07:00
November 2024
+0.46%+0.71%no-2.55%-5.73%+0.52%+1.20%-0.17%
Wed 20 Nov 2024 07:00
October 2024
+0.50%+1.01%no+4.99%+0.63%+0.11%+0.17%-0.22%
Wed 16 Oct 2024 07:00
September 2024
-0.26%+0.30%yes+0.15%-0.27%-0.24%+0.01%-0.63%
Wed 18 Sep 2024 07:00
August 2024
+0.34%-0.97%yes+2.93%+6.47%+0.34%-1.14%+0.27%
Wed 14 Aug 2024 07:00
July 2024
+0.06%+0.05%no-4.16%-2.38%+0.15%-0.07%+0.16%
Wed 17 Jul 2024 07:00
June 2024
-0.08%-0.48%no-1.38%+0.25%-0.19%-0.21%+0.39%
Wed 19 Jun 2024 07:00
May 2024
+0.23%-0.25%yes+0.07%-5.89%+0.34%-0.51%-0.22%
Wed 22 May 2024 07:00
April 2024
-0.05%+0.12%yes-0.71%-1.98%+0.18%-0.68%+0.23%
Wed 17 Apr 2024 07:00
March 2024
-0.08%-0.97%no-4.50%+4.34%+0.09%-0.23%+0.05%
Wed 20 Mar 2024 07:00
February 2024
+1.82%+2.02%no+8.48%+13.89%+2.36%+2.76%+0.00%
Wed 14 Feb 2024 07:00
January 2024
+0.41%+3.33%no+4.75%+4.19%+0.26%+3.98%-0.35%
Wed 17 Jan 2024 07:00
December 2023
-0.47%-0.01%no-0.13%-6.93%-0.42%-0.45%+0.07%
Wed 20 Dec 2023 07:00
November 2023
+0.19%+0.03%no+2.18%-1.02%+0.50%+0.66%-0.71%
Wed 15 Nov 2023 07:00
October 2023
-0.01%+0.82%yes+5.53%+2.63%+0.27%+0.57%-0.42%
Wed 18 Oct 2023 07:00
September 2023
-0.07%-1.46%no-1.33%+18.51%-0.01%-0.16%-0.46%
Wed 20 Sep 2023 07:00
August 2023
+0.16%+0.10%no+0.15%-2.91%-0.04%-0.45%-0.03%
Wed 16 Aug 2023 07:00
July 2023
+0.14%+0.05%no-1.63%-10.55%+0.13%+0.07%+0.03%
Wed 19 Jul 2023 07:00
June 2023
-0.18%-0.32%no+0.14%-2.79%-0.19%-0.19%-1.20%
Wed 21 Jun 2023 07:00
May 2023
-0.44%-0.19%no+4.53%+5.10%-0.48%-0.48%+0.04%
Wed 24 May 2023 07:00
April 2023
-0.25%-0.05%no-1.90%+1.21%-0.28%-0.53%-0.44%
Wed 19 Apr 2023 07:00
March 2023
-0.80%-3.55%no-4.49%-6.17%-0.99%-5.17%+0.19%
Wed 22 Mar 2023 07:00
February 2023
-0.37%-0.19%no-1.92%-0.75%-0.34%-0.44%+0.30%
Wed 15 Feb 2023 07:00
January 2023
-0.02%+0.56%yes+11.14%+8.25%-0.14%+0.41%-1.04%
Wed 18 Jan 2023 07:00
December 2022
+0.23%-0.39%yes-2.02%+6.84%+0.09%-0.51%+0.86%
Wed 14 Dec 2022 07:00
November 2022
+0.13%+0.25%no-0.32%-5.30%+0.00%+0.10%+0.27%
Wed 16 Nov 2022 07:00
October 2022
-0.20%-0.87%no-1.79%-2.23%-0.18%-1.44%-0.01%
Wed 19 Oct 2022 07:00
September 2022
-0.28%+0.12%yes-0.52%+4.86%-0.48%+0.45%-0.66%
Wed 14 Sep 2022 07:00
August 2022
-0.18%+0.13%yes-0.77%-6.84%-0.12%-0.45%+0.33%
Wed 17 Aug 2022 07:00
July 2022
+1.01%-1.43%yes-3.23%-11.34%+1.54%-1.84%-0.50%
Wed 20 Jul 2022 07:00
June 2022
+1.22%+0.16%no-2.36%-9.59%+0.09%-1.04%-0.27%
Wed 22 Jun 2022 07:00
May 2022
-1.41%+0.22%yes-0.15%-1.07%-1.48%-0.46%+0.02%
Wed 18 May 2022 07:00
April 2022
-0.96%-0.27%no-3.23%-0.59%-1.30%-0.57%-0.58%
Wed 13 Apr 2022 07:00
March 2022
-0.57%-0.34%no+2.81%+3.13%-0.60%-0.50%+0.31%
Wed 23 Mar 2022 07:00
February 2022
-0.32%-0.13%no+2.33%+12.24%-0.23%+0.08%-0.35%
Wed 16 Feb 2022 07:00
January 2022
+0.35%+0.20%no-0.44%-13.79%+0.55%-0.15%+0.34%
Wed 19 Jan 2022 07:00
December 2021
-1.09%-0.53%no+0.77%-10.44%-1.36%-0.64%+0.27%
Wed 15 Dec 2021 07:00
November 2021
+0.27%+0.41%no+1.67%+2.07%+0.34%+0.26%-0.08%
Wed 17 Nov 2021 07:00
October 2021
+0.14%+1.57%no+0.33%-5.05%+0.35%+1.43%+0.44%
Wed 20 Oct 2021 07:00
September 2021
+0.10%+0.44%no+1.69%-4.42%-0.19%+0.67%+0.10%
Wed 15 Sep 2021 07:00
August 2021
+0.04%+0.43%no+2.83%-10.42%-0.48%-0.27%-0.08%
Wed 18 Aug 2021 07:00
July 2021
+0.01%+0.06%no-2.25%+6.89%-0.24%-0.80%+0.07%
Wed 14 Jul 2021 07:00
June 2021
+0.07%+1.73%no+2.31%-3.51%+0.13%+3.40%+0.05%
Wed 16 Jun 2021 07:00
May 2021
+0.36%-0.72%yes-3.80%-14.66%+0.35%-0.73%+0.26%
Wed 19 May 2021 07:00
April 2021
+0.47%+2.87%no+2.00%+0.20%+0.56%+1.69%-0.11%
Wed 21 Apr 2021 07:00
March 2021
+0.27%+0.29%no-1.70%-1.34%+0.71%+0.07%-0.14%
Wed 24 Mar 2021 07:00
February 2021
+1.49%+3.21%no-3.14%+9.25%+0.79%+2.03%-0.52%
Wed 17 Feb 2021 07:00
January 2021
+1.05%+1.26%no+2.60%-1.03%+1.62%+1.69%-0.45%
Wed 20 Jan 2021 07:00
December 2020
+1.21%-1.50%yes-1.73%-10.03%+1.42%-3.37%+0.69%
Wed 16 Dec 2020 07:00
November 2020
-0.02%+1.90%yes+14.10%+20.83%-0.12%+1.48%+0.51%
Wed 18 Nov 2020 07:00
October 2020
+1.68%+2.63%no-0.16%+6.35%+1.07%+1.93%+0.39%
Wed 21 Oct 2020 07:00
September 2020
+0.00%-0.33%yes+4.34%+12.13%-0.05%-0.45%+1.48%
Wed 16 Sep 2020 07:00
August 2020
+0.55%+0.93%no+1.26%-2.88%+0.39%+0.56%+0.89%
Wed 19 Aug 2020 07:00
July 2020
+0.15%+0.72%no-0.10%-2.98%-0.12%+1.33%-0.28%
Wed 15 Jul 2020 07:00
June 2020
-0.12%-0.23%no-0.52%+1.16%-0.29%-0.46%+0.32%
Wed 17 Jun 2020 07:00
May 2020
+0.35%+0.36%no-0.27%+2.13%+0.67%+0.29%-0.48%
Wed 20 May 2020 07:00
April 2020
-0.30%+0.45%yes-2.63%-8.96%-0.43%+0.29%+0.02%
Wed 22 Apr 2020 07:00
March 2020
+0.51%+0.69%no+2.71%+13.85%+0.06%+0.47%+0.54%
Wed 25 Mar 2020 07:00
February 2020
-0.11%-1.40%no-0.90%-5.96%-0.54%-1.87%-0.18%
Wed 19 Feb 2020 07:00
January 2020
-0.14%+0.46%yes-4.67%-8.68%-0.25%+0.87%-0.64%
Wed 15 Jan 2020 07:00
December 2019
-0.62%+1.47%yes+0.43%+0.87%-1.09%+3.09%+0.09%
Wed 18 Dec 2019 07:00
November 2019
-0.09%+0.43%yes+7.89%+9.20%-0.16%+1.30%-0.29%
Wed 13 Nov 2019 07:00
October 2019
-0.25%+0.46%yes-0.92%-7.21%-0.17%+1.11%-0.12%
Wed 16 Oct 2019 07:00
September 2019
-0.26%-0.29%no-2.25%-2.63%-0.68%-0.44%+0.92%
Wed 18 Sep 2019 07:00
August 2019
-0.07%-0.24%no-3.12%-16.56%+0.70%+0.53%-0.12%
Wed 14 Aug 2019 07:00
July 2019
+0.20%-0.82%yes-8.27%-3.27%+0.12%-0.52%+0.01%
Wed 17 Jul 2019 07:00
June 2019
-0.29%-1.09%no+3.04%+1.44%-0.45%-0.12%+0.24%
Wed 19 Jun 2019 07:00
May 2019
-0.39%-0.79%no+1.16%+35.57%-0.18%-0.33%+0.62%
Wed 22 May 2019 07:00
April 2019
-0.17%-0.76%no-3.95%+6.40%-0.46%-1.53%-0.57%
Wed 17 Apr 2019 07:00
March 2019
-0.22%-0.20%no+0.78%+7.30%-0.04%-0.41%-0.10%
Wed 20 Mar 2019 07:00
February 2019
+0.17%+0.42%no+1.26%+0.14%+0.09%+0.44%-0.54%
Wed 13 Feb 2019 07:00
January 2019
-0.20%-0.47%no-0.58%+8.00%-0.70%-1.27%-0.17%
Wed 16 Jan 2019 07:00
December 2018
-0.48%+0.45%yes-0.25%-0.47%-0.66%+1.35%+0.79%
Wed 19 Dec 2018 07:00
November 2018
-0.47%+1.09%yes-0.56%+1.92%-0.68%+1.28%+0.20%
Wed 14 Nov 2018 07:00
October 2018
-0.09%-1.50%no-11.87%-29.85%-0.35%-3.03%-0.15%
Wed 17 Oct 2018 07:00
September 2018
-0.16%-0.19%no+0.05%-0.13%-0.50%-0.39%-0.55%
Wed 19 Sep 2018 07:00
August 2018
+0.04%-0.31%yes+0.80%+1.59%+0.00%-1.50%+0.03%
Wed 15 Aug 2018 07:00
July 2018
+0.31%+1.23%no-0.22%+6.08%+0.51%+1.00%-0.42%
Wed 18 Jul 2018 07:00
June 2018
+0.07%-0.89%yes-1.74%+12.95%-0.33%-1.29%-0.84%
Wed 13 Jun 2018 07:00
May 2018
+0.02%-2.52%yes-1.49%+0.49%+0.02%-5.23%-0.28%
Wed 23 May 2018 07:00
April 2018
+0.27%-0.81%yes-2.91%-5.30%+0.31%-3.60%-0.77%
Wed 18 Apr 2018 07:00
March 2018
+2.60%+2.23%no+3.20%+18.51%+1.27%+1.35%-0.52%
Tue 20 Mar 2018 07:00
February 2018
-1.27%-0.15%no+6.77%-6.15%-2.30%-1.73%-0.14%
Tue 13 Feb 2018 07:00
January 2018
-1.10%-2.42%no+0.94%+32.91%-0.66%-1.42%+0.52%
Tue 16 Jan 2018 07:00
December 2017
-5.40%-10.25%no-14.23%-21.33%-6.69%-13.98%+0.62%
Tue 12 Dec 2017 07:00
November 2017
+1.27%+0.55%no+0.61%+13.93%+2.03%+1.81%-0.30%
Tue 14 Nov 2017 07:00
October 2017
+0.17%+0.50%no+4.25%+21.42%+1.82%+3.15%+0.21%
Tue 17 Oct 2017 07:00
September 2017
+0.93%+1.28%no-1.89%+1.79%+0.65%+1.32%-0.78%
Tue 12 Sep 2017 07:00
August 2017
+1.27%+0.27%no-7.35%-9.33%+2.57%+0.21%+0.81%
Tue 15 Aug 2017 07:00
July 2017
-2.70%-5.06%no-8.73%-13.78%––-0.87%
Tue 18 Jul 2017 07:00
June 2017
+0.32%+0.21%no+4.27%+22.43%––-0.25%
Tue 13 Jun 2017 07:00
May 2017
+1.47%+0.03%no+2.15%-3.19%––+0.64%
Tue 16 May 2017 07:00
April 2017
+2.50%+2.89%no+6.25%+32.31%––-0.04%
Tue 11 Apr 2017 07:00
March 2017
+0.48%+0.49%no+0.62%-0.35%––+0.53%
Tue 21 Mar 2017 07:00
February 2017
-0.70%-1.17%no+0.78%-4.25%––+0.92%
Tue 14 Feb 2017 07:00
January 2017
+0.16%+1.10%no+0.38%+9.11%––-0.36%
Tue 17 Jan 2017 07:00
December 2016
+2.10%+2.79%no+3.96%+6.42%––+1.56%

FAQ

How does GBP/USD react to UK CPI?

Across 117 scheduled UK CPI releases since 2017 with Bitstamp data, BTC's median move in the first hour was +0.06% and the average absolute first-hour move was 0.51%, about 1.3× a typical hour at the same time of day. The first-hour direction had reversed by +4 hours in 28% of cases. BTC was higher one day later 51% of the time. Historical data only, not a forecast.

What time is it released in the UK?

ONS: consumer price bulletins issued at 7:00am UK. The most recent release was at Wed 16 Sep 2026 07:00 UK time.