GBP/USD falls as the United Kingdom’s economy weakens before the bonanza of the central banks
The sterling pound records consecutive bearish days, falling 0.14% on Friday against the dollar after the revelation of economic data of the United Kingdom who showed that the Gross Domestic Product (GDP) contracted. In spite of this, the GBP/USD quotes above the 1,2900 figure, prepared to end the day near that level. Read more…
GBP/USD loses impulse below 1,2950 after disappointing British GDP data
GBP/USD remains around 1,2950, maximum four months before GDP of the United Kingdom and industry data
GBP/USD continues its decline per second consecutive session, quoting about 1,2940 during Friday’s Asian session. The Par faces challenges since the sterling pound (GBP) fights in the midst of a weakened risk feeling, exacerbated by concerns about global trade after US president, Donald Trump, threatened with a 200% tariff on European wines and champanes, disturbing markets. Read more…
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
