📈 Pound Sterling Gains Sharply on UK Q3 GDP
Across major FX markets, the British pound has strengthened (e.g., GBP/USD and other crosses) following the release of the Office for National Statistics (ONS) figures showing that **the UK economy grew by only 0.1% quarter‑on‑quarter in Q3 2025 — in...
📈 GBP/USD Near 1.3400 Ahead of UK Q3 GDP
GBP/USD strengthened toward ~1.339–1.3400, rebounding after recent losses as traders positioned ahead of the UK Q3 GDP report — a key data point expected to signal the pace of economic growth and influence BoE outlook.
📊 What’s Driving Sterling
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📉 Price Reaction: GBP/USD Softens
GBP/USD has slipped below the 1.3400 mark, trading around 1.3370–1.3380 as markets digest mixed macro signals. Sterling’s upside has been limited even when attempting short rallies, with gains quickly fading.
🇬🇧 Weak UK Data Weighs on Sterling
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Key facts from the report
The United States has suspended progress on a major tech partnership with the United Kingdom, originally agreed earlier this year.
The agreement, known as the Tech Prosperity Deal, was designed to deepen cooperation in artificial intelligence, quantum computing and...
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UK BRC Retail Sales Update: November 2025 Softens to +1.2% YoY (December 9 Release)
The British Retail Consortium (BRC)-KPMG Retail Sales Monitor for November 2025, released early on December 9, showed like-for-like sales growth cooling to +1.2% year-on-year, down from +1.5% in October and...
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