The GBP/USD accelerated for the second consecutive session, as economic data continued to support the pound ahead of the Federal Open Market Committee policy meetings. UK gross domestic product expanded 0.7% in the fourth quarter and at annual rate of 2.8%, matching forecasts. The UK economy has been in expansion mode for 4 consecutive quarters. […]
The GBP/USD accelerated for the second consecutive session, as economic data continued to support the pound ahead of the Federal Open Market Committee policy meetings. UK gross domestic product expanded 0.7% in the fourth quarter and at annual rate of 2.8%, matching forecasts. The UK economy has been in expansion mode for 4 consecutive quarters. […]
The post GBP/USD marches higher on GDP, durable goods appeared first on eToro Blog.
Related Posts: