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2024年 7月 27日 土曜日

United Kingdom Manufacturing Production (MoM) above expectations (-0.1%) in October: Actual (0.7%)

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GBP/USD stays below 1.2250 despite upbeat UK GDP data


 GBP/USD stays below 1.2250 despite upbeat UK GDP data

GBP/USD struggles to gain traction early Monday and continues to trade below 1.2250. The data published by the UK’s ONS showed that GDP grew by 0.5% on a monthly basis in October, compared to market expectation for a contraction of 0.1%, but failed to provide a boost to the pair.


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