UK GDP grew by 0.5% in February 2025, exceeding forecasts and showing the strongest growth in 11 months. The US Dollar Index (DXY) fell significantly, reaching July 2023 lows. GBP/USD broke above the 1.3000 handle due to US Dollar weakness, with potential further gains depending on US dollar and tariff developments and upcoming UK data. […]

The post GBP/USD Peaks Above 1.3000 on UK GDP Beat, DXY Breaks Psychological 100.00 Barrier appeared first on Action Forex.

Read More