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GBP/USD Forecast: Buyers Regain Despite Downbeat UK GDP

by Forex Crunch
June 12, 2025
in Forex Analysis
Reading Time: 1 min read

The GBP/USD forecast remains supported despite downbeat UK GDP data. Cooler US CPI and tariff uncertainty keep the dollar weaker. Market participants are now eyeing US PPI and unemployment claims data due today. The GBP/USD forecast remains broadly bullish amid the dollar’s weakness. However, today’s UK GDP data reported by the ONS showed economic contraction…
The post GBP/USD Forecast: Buyers Regain Despite Downbeat UK GDP appeared first on Forex Crunch.
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