GBP/USD has seen a resurgence, trading around 1.3390 during the Asian session on Monday, recovering from three consecutive days of losses. The exchange rate reflects the Pound Sterling's resilience as traders await the release of the UK’s Gross Domestic Product (GDP) data for the third quarter, which could significantly impact market sentiment.
As the currency pair approaches the key psychological level of 1.3400, investors are closely monitoring economic indicators that may influence the Bank of England's monetary policy. A strong GDP report could bolster the GBP, while weaker-than-expected data might lead to renewed pressure on the currency against the USD, shaping trading strategies in the forex market.
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Data Source: FX Killer Analysis Team Updated: 2025-12-22 01:43
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.