GBP/USD Price Analysis: Economic Contraction Weakens Pound

The GBP/USD price analysis indicates a weaker UK economy. Data revealed a 0.1% contraction in the UK economy.  Market participants expect the Bank of England to keep rates unchanged next week. The GBP/USD price analysis indicates a weaker UK economy after data revealed an unexpected contraction. Meanwhile, market participants are grappling with the escalating global... The post GBP/USD Price Analysis: Economic Contraction Weakens Pound appeared first on Forex Crunch.

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