GBP12/15/2025
GBP: Soft UK GDP pressures Sterling – ING
Weak UK GDP data pressures the pound ahead of key jobs data, CPI, and a likely BoE rate cut.
Weak UK GDP data pressures the pound ahead of key jobs data, CPI, and a likely BoE rate cut.
The Pound Sterling steadies as the Bank of England's policy decision approaches, maintaining a cautious tone.
GBP faces selling pressure after UK GDP report shows a contraction for the second month.
Focus on UK GDP release and European inflation data, with little impact expected on central banks.
Pound holds gains from the Fed rate cut as investors await UK GDP data.