GBP/USD drops as US economy shrinks, inflation holds firm

GBP / USD decreases as the US economy shrinks, inflation is firm
The book Sterling (GBP) fell against the US dollar (USD) while the economy in the United States (United States) has contracted, as revealed by gross domestic product figures (GDP) for the first quarter of 2025. At the time of writing, the GBP / USD is negotiated at 1.3331, down 0.51%. Learn more …

Pound Sterlingars against the US dollar despite American economic turbulence
The Sterling book (GBP) extends the correction to almost 1.3310 compared to the US dollar (USD) during the North American session on Wednesday from its new 1.3445 over three years displayed on Tuesday. The GBP / USD pair is negotiated near its intraday calendar as the US dollar (USD) wins after the publication of a high-level economic data chain in the United States (United States).
GBP / USD breaks below 1,3400 due to a stronger US dollar, expectations to lower BOE rates
The GBP / USD extends its drop for a second consecutive session, oscillating nearly 1.3390 during the Asian trade on Wednesday. The pair is under pressure while the US dollar is strengthening on a renewal of optimism surrounding American and Chinese commercial developments. Merchants are now focusing their attention to the upcoming publication of the United States Personal Consumer Expenditure Prices for the United States for Mars, a key inflation gauge for the Federal Reserve. Learn more …