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Senorita71

Gbpusd Weekly Analysis

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
Senorita71  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Fundamental Analysis Beyond Technical Analysis
17
0
trendanalysis fundamental beyondta
GBP/USD edged higher to near 1.2540 during Asian hours on Friday, buoyed by the release of higher-than-expected UK Gross Domestic Product (GDP) data for the first quarter. GDP (QoQ) rose by 0.6%, reversing the previous quarter's decline of 0.3%, surpassing expectations of a 0.4% increase. Additionally, GDP (YoY) increased by 0.2%, rebounding from the previous decline of 0.2%.
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