Pound Sterling Price News and Forecast: GBP/USD steadies awaiting preliminary Q1 UK GDP
The post Pound Sterling Price News and Forecast: GBP/USD steadies awaiting preliminary Q1 UK GDP appeared on BitcoinEthereumNews.com. British Pound hovers ahead of UK GDP data, awaits Trump-Xi meeting updates GBP/USD holds ground following three days of losses, trading around 1.3520 during the Asian hours on Thursday. Traders await the preliminary UK Gross Domestic Product (GDP) for the first quarter of 2026, along with Industrial and Manufacturing Production data due later in the day. The GBP/USD pair holds ground as the US Dollar (USD) remains firm on market caution as traders await further updates amid the ongoing meeting between US President Donald Trump and Chinese President Xi Jinping in Beijing. Traders will also shift their focus to the US Retail Sales report for April due later in the day. Read more… Pound Sterling reverses intraday gains as US PPI and UK political risk weighs GBP/USD ended Wednesday little changed on a net basis, though the session included a sharp intraday s