Pound Looks to UK GDP Rebound to Keep Bears at Bay

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<p>UK GDP likely expanded in November, potentially dashing hopes for early rate cut But any disappointment would increase the odds of a technical recession Data due at 07:00 GMT, Friday, will be key to sustaining pound’s uptrend Confounding expectations The British pound was the second best performing major currency of 2023, ending the year with […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/534545-pound-looks-to-uk-gdp-rebound-to-keep-bears-at-bay/">Pound Looks to UK GDP Rebound to Keep Bears at Bay</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>