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    GBP/USD holds ground above 1.2650 following mixed UK data, US Retail sales eyed

    Author AvatarBy George Brooks No Comments 8 Mins Read
    • GBP/USD remains steady after mixed GDP and industrial data released from the United Kingdom.
    • UK GDP expanded by 1.0% in the third quarter, surpassing the 0.7% growth recorded in Q2.
    • The monthly UK Industrial and Manufacturing Production both declined by 0.5% and 1.0%, respectively, in September.

    GBP/USD breaks its five-day losing streak, trading around 1.2680 during the early European session on Friday. The pair remains steady after the release of mixed Gross Domestic Product (GDP) and Industrial data from the United Kingdom (UK).

    The UK economy grew by 0.1% quarter-on-quarter in the three months ending September, following a

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    He is an experienced financial journalist with a focus on Forex and cryptocurrency markets. With over two decades of expertise, he delivers in-depth analysis and real-time market updates, providing traders and investors with the knowledge they need to navigate the ever-changing financial landscape. His insightful articles and reports are trusted by professionals and enthusiasts alike.

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