GBPUSD above 1.30 after better UK GDP data!

The pound breaks above the 1.3000 level after a better UK GDP reading (UK GDP (m/m) May: -0.1% (expected -0.3%; previously 0.2%)). The data may encourage the Bank of England to raise interest rates further, which, combined with dollar weakness after yesterday's CPI reading from the US, creates downward pressure on the GBPUSD pair.

Source: xStation 5

24 October 2025, 13:31

BREAKING: US CPI data lower than expected 📈US100 gains

24 October 2025, 13:31

BREAKING: US CPI lower than expected! 🚨EURUSD climbs higher!🔥

24 October 2025, 11:09

🔝US500 is 0.25% off its highs before CPI

24 October 2025, 09:32

BREAKING: EURGBP muted despite solid PMI data from the UK 🔎

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GBPUSD above 1.30 after better UK GDP data!

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