GBP/USD Forecast: Buyers Regain Despite Downbeat UK GDP

The GBP/USD forecast remains supported despite downbeat UK GDP data. Cooler US CPI and tariff uncertainty keep the dollar weaker. Market participants are now eyeing US PPI and unemployment claims data due today. The GBP/USD forecast remains broadly bullish amid the dollar’s weakness. However, today’s UK GDP data reported by the ONS showed economic contraction... The post GBP/USD Forecast: Buyers Regain Despite Downbeat UK GDP appeared first on Forex Crunch.

Jun 12, 2025 - 12:30
 0
GBP/USD Forecast: Buyers Regain Despite Downbeat UK GDP
my GBP/USD forecast

The GBP/USD forecast remains supported despite downbeat UK GDP data. Cooler US CPI and tariff uncertainty keep the dollar weaker. Market participants are now eyeing US PPI and unemployment claims data due today. The GBP/USD forecast remains broadly bullish amid the dollar’s weakness. However, today’s UK GDP data reported by the ONS showed economic contraction...

The post GBP/USD Forecast: Buyers Regain Despite Downbeat UK GDP appeared first on Forex Crunch.