GBP/USD Outlook: Pound Rallies on the Heels of Strong GDP Data

The UK economy expanded by the most in almost three years in Q1. US data revealed a significant jump in initial jobless claims to an 8-month high. One more BoE policymaker voted for a rate cut. The GBP/USD outlook shows a surge in bullish momentum as the pound strengthens after better-than-expected GDP data. At the...


The post GBP/USD Outlook: Pound Rallies on the Heels of Strong GDP Data appeared first on Forex Crunch.


https://www.forexcrunch.com/blog/2024/05/10/gbp-usd-outlook-pound-rallies-on-the-heels-of-strong-gdp-data/?utm_source=dlvr.it&utm_medium=blogger