GBP/USD Sinks to 1.2650 Ahead of Important UK GDP Data
GBP/USD Faces Fresh Challenges Before UK Economic Data Release
GBP/USD continues to lose ground, trading at approximately 1.2650 as it holds losses for the third consecutive day. Factors contributing to this depreciation include external tariff threats, which have bolstered the US Dollar’s strength.
With upcoming UK GDP data on the horizon, market participants will look to these developments for possible market reactions.
Traders should brace for potential volatility surrounding the GDP figures as they assess their implications for the British Pound and the broader market context.
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