The GBP/USD outlook points north as the pound gains against a weaker dollar. The UK composite PMI increased from 48.5 to 49.4. Fiscal health concerns weighed on the dollar, allowing its peers to climb. The GBP/USD outlook points north as the pound gains against a weaker dollar. Moreover, an improvement in UK business activity in…
The post GBP/USD Outlook: Pound Rises on UK Data, Weaker Dollar appeared first on Forex Crunch.
Read Full Story
- USD/CAD Forecast: Trump Tax Bill Sparks US Debt Worries - May 23, 2025
- GBP/USD Outlook: Pound Rises on UK Data, Weaker Dollar - May 23, 2025
- USD/JPY Forecast: Yen Shines as US Fiscal Worries Mount - May 22, 2025