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
Three Markets to Watch Next Week (12.12.2025)
BREAKING: UK GDP and manufacturing lower than expected 📉Final German CPI in line with expectations
Morning wrap (12.12.2025)
Daily summary: SILVER at a new ATH, EURUSD at its highest since October