British Pound hovers ahead of UK GDP data, awaits Trump-Xi meeting updates
GBP/USD holds ground following three days of losses, trading around 1.3520 during the Asian hours on Thursday. Traders await the preliminary UK Gross Domestic Product (GDP) for the first quarter of 2026, along with Industrial and Manufacturing Production data due later in the day.
The GBP/USD may experience volatility as traders react to the upcoming UK GDP data. Depending on the results, prices could either stabilize or decline further.
GBP/USD holds ground following three days of losses, trading around 1.3520 during the Asian hours on Thursday. Traders await the preliminary UK Gross Domestic Product (GDP) for the first quarter of 2026, along with Industrial and Manufacturing Production data due later in the day.
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