Date Published: 14 Aug 2025 | Date Modified: 14 Aug 2025
POPULAR ARTICLES
UK GDP grew 0.3% QoQ and 1.2% YoY in Q2, beating forecasts and signaling solid activity, but the data had little impact on sterling as BoE policy remains driven by inflation and labour market trends, ING's FX analyst Francesco Pesole notes.
UK GDP grew 0.3% QoQ and 1.2% YoY in Q2, beating forecasts and signaling solid activity, but the data had little impact on sterling as BoE policy remains driven by inflation and labour market trends, ING's FX analyst Francesco Pesole notes.
Growth resilience fails to lift GBP
"The UK published stronger-than-expected growth figures for 2Q: 0.3% QoQ and 1.2% YoY. That shows decent underlying activity growth despite the tariff-induced downward distortion."
"It’s positive news for the gilt market ahead of the Autumn fiscal event, but it doesn’t change the narrative for the Bank of England at this moment (inflation and jobs markets are the two main inputs), hence the reaction in sterling has been muted."
Acuity Trading is a London-based fintech company founded in 2013 that specializes in AI-powered alternative data and sentiment analysis for trading and investments. They revolutionized the online trading experience by introducing visual news and sentiment tools, and today they continue to lead the fintech market with alpha-generating alternative data and highly engaging trading tools using the latest AI research and technology.
Read More
Item 1 of 0
LIVE QUOTES
Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0
ALL ABOUT FOREX
Explore More Tools
Trading Academy
Browse a wide range of educational articles covering trading strategies, market insights, and financial fundamentals, all in one place.