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GBP/USD Outlook: Soft US Data Weighs on Dollar

by Forex Crunch
May 16, 2025
in Forex Analysis
Reading Time: 1 min read

The GBP/USD outlook suggests weakness in the US economy that is weighing on the dollar. US wholesale inflation unexpectedly fell in April. The UK GDP unexpectedly increased by 0.2%. The GBP/USD outlook suggests weakness in the US economy that is weighing on the dollar. On the other hand, UK GDP data came in better than…
The post GBP/USD Outlook: Soft US Data Weighs on Dollar appeared first on Forex Crunch.
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