The Pound Sterling (GBP) has slipped against major currencies, trading down 0.2% to approximately 1.3420 against the US Dollar (USD) on Thursday. This decline follows the release of the UK's monthly Gross Domestic Product (GDP) data for November, which showed a return to growth but failed to bolster the currency's strength in the forex market.
Despite the positive GDP figures, the exchange rate movements suggest cautious sentiment among traders. The GBP's inability to capitalize on the economic data signals underlying concerns about longer-term growth prospects, impacting its performance against both the USD and the euro (EUR). As trading continues, market participants will be closely monitoring further economic indicators for insight on the Pound's trajectory.
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Data Source: FX Killer Analysis Team Updated: 2026-01-15 11:20
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.