GBP/USD Trades Below 1.3500 as Dollar Firms Ahead of UK GDP
GBP/USD is under pressure for a second straight day, holding below the 1.3500 handle as a firmer US dollar weighs and traders await UK GDP data.
GBPUSD
GBP/USD is trading with a negative bias for the second consecutive day and remains below the 1.3500 psychological level during Thursday’s Asian session.
The move comes amid modest US dollar strength, while market participants look ahead to the upcoming UK GDP release.
- Pair: GBP/USD
- Level: below 1.3500
- Session: Asian, Thursday
- Driver: firmer USD, UK GDP ahead
Source: FXStreet Forex News