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fxJul 16, 2026, 6:20 AM

GBP Flat After UK GDP Rises 0.1% in Line with Forecasts

The British Pound holds steady against major peers following the release of UK monthly GDP data, which rose 0.1% as expected.

GBPUSD

The British Pound (GBP) showed little movement against its major counterparts on Tuesday after the release of UK monthly Gross Domestic Product (GDP) figures for the latest period.

The data revealed a 0.1% month-on-month increase, matching economist expectations. The muted price action suggests the market had already priced in the outcome, with no surprises to drive fresh momentum.

Traders now look ahead to further UK economic releases and broader risk sentiment for directional cues on the pound.

Source: FXStreet Forex News