FX Rate News

GBP/USD Remains Range-Bound with Mild Downside Bias

The most recent UK GDP figures indicated an annualised growth rate of 1.3%, aligning with market forecasts and marginally lower than the prior reading of 1.4%. The report exhibited a largely neutral effect on sterling, as it affirms that the UK economy is still growing, though at a measured rate, with no indications of a … Read more