GBP/USD Gains Ground Near 1.2585 Amid Positive UK GDP Data
The GBP/USD pair trades mildly higher around the 1.2585 level. This uptick comes alongside encouraging Gross Domestic Product (GDP) figures from the UK and disappointing retail sales data from the US. The positive economic indicators from the UK bolster the pound, whereas the US data paints a contrasting picture. Traders should stay tuned for further volatility as market conditions evolve.