GBP/USD Surpasses 1.2200 Mark Following UK GDP Data"

British Pound/U.S. DollarFXCM

Description

⋅ Nov 11, 2023 3:24 AM

GBP/USD extends its slide below 1.2200 in early US trading. UK GDP data reveals a year-on-year growth of 0.6% in Q3, surpassing expectations. However, these figures fail to propel the currency pair as investors await next week's key data for clearer direction. What are your thoughts on this currency pair?

Comments

samuelsamafolabi

⋅ Nov 11, 2023 4:02 AM

GBPUSD may fall further if the price of gold and UK Brent continues downward, consider the price of Gold and UK Brent before buying

Gwen_Humuna

⋅ Nov 11, 2023 3:28 AM

Grateful for your attention to my post. Share your opinions in the comments, and if you liked it, don't hesitate to give it a thumbs up!