Pound to Dollar Forecast: GBP/USD Subdued Following UK, US Data

Pound to Dollar Forecast: GBP/USD Subdued Following UK, US Data

February 14, 2025 – Written by David Woodsmith

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The Pound US Dollar exchange rate traded mostly flat on Thursday as both the UK and the US released several economic data releases.

On Thursday, the Pound (GBP) saw a modest uptick against the majority of its counterparts.

This boost was sparked by the release of the UK’s GDP figures for the last quarter of the previous year, which showed a 0.1% growth reading, exceeding the expected 0% figure.

The…
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