While neither have actually spoken out about the rumours in the press over the past few months, newly released pictures do all the talking for them.
Cheryl is seen cradling her baby bump in a photoshoot for L'Oreal Paris as part of a collaboration with the The Prince's Trust, which is aimed at increasing confidence in young people.
Cheryl is pictured as part of a line up of ladies inducing Dame Helen Mirren, TV personality Katie Piper and former X Factor winner Louisa Johnson.
"As a long-standing supporter of The Prince's Trust and spokesperson for L'Oreal Paris I am so happy to support this partnership," Cheryl said. "Young people are currently facing more and more problems with self-confidence and we have to address these issues as a real priority.
"My hope is that this partnership will help young people feel accepted and valued for who they are and make sure that they get the support they need to make the most out of life."
Speaking recently to Rollercoaster magazine, Liam said of his relationship with Cheryl: “She is a wonderful, wonderful person and it’s amazing to have someone who can relate to so much of things — someone who’s taken greater steps than me.
“Her solo career was amazing. She’s been in the industry for 14 years now."
He added: "We’re super happy.
"It’s a very personal, precious time for us. I’m still learning. I’m only 23.”
Cheryl and Liam's romance surprised us all when news of it first broke back in February of last year.
Rumour has it that the pair got together back in December 2015 after meeting up backstage at The X Factor final.
They’ve since constantly shared adorable loved up snaps on social media and recently X Factor boss Simon Cowell spoke out about the loved up couple.
“I saw them together and we had a really nice dinner,” he told The Sun. “They were on good form.
“They’re like two little chipmunks madly in love. Literally, they were so cute."
We say congratulations and best of luck to them!