Trade The World
GBP shrugs off weak GDP – BBH
Oleh FXStreet Insights Team
Tanggal Diterbitkan: 12 Sep 2025 | Tanggal Dimodifikasi: 12 Sep 2025
POPULAR ARTICLES
Sterling ignored disappointing UK July GDP data, but a weak growth trajectory paired with sticky services inflation leaves the BOE constrained. With policy room limited, GBP faces headwinds, particularly against the euro, BBH FX analysts report.
Sterling ignored disappointing UK July GDP data, but a weak growth trajectory paired with sticky services inflation leaves the BOE constrained. With policy room limited, GBP faces headwinds, particularly against the euro, BBH FX analysts report.
UK growth lags BOE forecast
"GBP ignored the UK July GDP data. Real GDP was flat m/m vs. 0.4% in June. Services and construction output both increased by 0.1% and 0.2%, respectively. Production output plunged -0.9% driven by declines in manufacturing and mining & quarrying."
"Real GDP is tracking below the BOE’s Q3 growth projection of 0.3% q/q. Unfortunately, the BOE has limited room to dial-up easing to shore-up growth because UK services inflation is stubbornly high at 5.0% y/y. Bottom line: the UK’s soggy growth outlook and elevated underlying inflation spell trouble for GBP, especially versus EUR."
FXStreet
Lebih dari satu juta pengguna mengandalkan FXStreet untuk data pasar real-time, alat charting, wawasan ahli, dan berita forex. Kalender ekonomi komprehensif dan webinar edukatif membantu trader tetap mendapat informasi dan membuat keputusan terukur. FXStreet memiliki sekitar 60 profesional yang tersebar antara kantor pusat Barcelona dan berbagai wilayah global.
Read More
