GBP/USD stays below 1.4200 after UK GDP misses estimates with 2.3% in April
UK GDP arrived at 2.3% MoM in April vs. 2.4% expected. GBP/USD remains little changed
Financial and Business News
UK GDP arrived at 2.3% MoM in April vs. 2.4% expected. GBP/USD remains little changed
The UK Finance Minister Rishi Sunak expresses his pleasure following the rebound in the economic output
GBP/USD weakness has again been well supported. Above 1.4203, cable can ease the threat of
GBP/USD has been consolidating around 1.41. Karen Jones, Team Head FICC Technical Analysis Research at
GBP/USD has briefly breached critical support at 1.4080 as growing Brexit acrimony and virus concerns
In opinion of FX Strategists at UOB Group, Cable faces a potential deeper pullback if
GBP/USD treads water in the Asian session. US dollar remains steady and exerts pressure on
The “UK economy is going gang-busters,” the Bank of England (BOE) Chief Economist Andy Haldane
GBP/USD catches fresh bids on BOE Haldane’s taper talk. Subdued DXY and Treasury yields underpin
The GBP was under renewed pressure as the UK’s reopening timeline is at risk of