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GBP/USD Outlook: Pound Rises on UK Data, Weaker Dollar

by Forex Crunch
May 23, 2025
in Forex Analysis
Reading Time: 1 min read

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.
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