BREAKING: GBPUSD ticks higher after UK GDP data

UK GDP YoY Actual 1.3% (Forecast 1.3%, Previous 1.3%)

UK GDP QoQ Actual 0.1% (Forecast 0.1%, Previous 0.1%)

The data was in line with expectations, but the British pound gained after the release, which may indicate that part of the market expected lower revisions in the GDP reading. In theory, data pointing to economic growth should be hawkish for the currency, increasing the chances of a more conservative central bank policy, so there are no surprises here and the reading seems to have little impact on changing these expectations. On the other hand, however, the pound is up after.

1 July 2026, 6:52 PM

Daily Summary: Wall Street Rotation – Dow Jones gains while AI sector counts losses

1 July 2026, 3:51 PM

BREAKING: Oil inventory report still shows a decline. WTI crude oil at its lowest since the end of February

1 July 2026, 3:22 PM

Fed Warsh tones down the hawkish sentiment and gives hope gold bulls🟡

1 July 2026, 3:16 PM

US Open: Market under pressure from US data and lack of guidance from Warsh

Economic reports

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