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fxJun 30, 2026, 8:41 AM

British Pound Holds Below 1.3250 After UK GDP Revision

The British Pound weakened against the US Dollar on Tuesday after UK Q1 GDP was revised downward, keeping GBP/USD below the 1.3250 level.

GBPUSD

The British Pound (GBP) is trading lower against the US Dollar (USD) on Tuesday, giving back earlier gains after the UK's Q1 Gross Domestic Product (GDP) was revised downward.

GBP/USD remains below the 1.3250 level, weighed by the negative growth revision. The earlier advance has been erased as the data disappointed market expectations.

Traders are now assessing whether further downside pressure could emerge, with the pair struggling to regain upside momentum.

Source: FXStreet Forex News