{"id":834113,"date":"2025-03-15T08:11:48","date_gmt":"2025-03-15T13:11:48","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/15\/pound-sterling-price-news-and-forecast-gbp-usd-slides-as-uk-economy-falters-ahead-of-central-bank-bonanza\/"},"modified":"2025-03-15T08:11:48","modified_gmt":"2025-03-15T13:11:48","slug":"pound-sterling-price-news-and-forecast-gbp-usd-slides-as-uk-economy-falters-ahead-of-central-bank-bonanza","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/15\/pound-sterling-price-news-and-forecast-gbp-usd-slides-as-uk-economy-falters-ahead-of-central-bank-bonanza\/","title":{"rendered":"Pound Sterling Price News and Forecast: GBP\/USD slides as UK economy falters ahead of central bank bonanza"},"content":{"rendered":"<div id=\"fxs_article_body\">\n<h2>GBP\/USD slides as UK economy falters ahead of central bank bonanza<\/h2>\n<div>\n<p>The\u00a0<a data-fxs-autoanchor href=\"https:\/\/www.fxstreet.com\/currencies\/gbpusd\">Pound Sterling<\/a>\u00a0registers back-to-back bearish days, dropping some 0.14% on Friday against the Greenback after economic data from the UK revealed that the Gross Domestic Product (GDP) contracted. Despite this, the GBP\/USD trades above the 1.2900 figure, poised to finish the day near that level. <a href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-slides-as-uk-economy-falters-ahead-of-central-bank-bonanza-202503141527\" target=\"_blank\">Read More&#8230;<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/image-638775628249826436.png\"><\/p>\n<h2>GBP\/USD loses momentum below 1.2950 on downbeat UK GDP data<\/h2>\n<\/div>\n<p>The GBP\/USD pair loses ground to near 1.2925\u00a0during the early European session on Friday. The\u00a0<a data-fxs-autoanchor href=\"https:\/\/www.fxstreet.com\/currencies\/gbpusd\">Pound Sterling<\/a>\u00a0(GBP) edges lower after the\u00a0release of UK growth numbers. The attention will shift to the preliminary Michigan Consumer Sentiment for March, which will be published later on Friday. <a href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-loses-momentum-below-12950-on-downbeat-uk-gdp-data-202503140709\" target=\"_blank\">Read More&#8230;<\/a><\/p>\n<div>\n<h2>GBP\/USD hovers around 1.2950, four-month highs ahead of UK GDP, factory data<\/h2>\n<div>\n<p>GBP\/USD continues its decline for the second straight session, trading near 1.2940 during Friday\u2019s Asian session. The pair faces challenges as the\u00a0<a data-fxs-autoanchor href=\"https:\/\/www.fxstreet.com\/currencies\/gbpusd\">Pound Sterling<\/a>\u00a0(GBP) struggles amid weakened risk sentiment, exacerbated by concerns over global trade after US President Donald Trump threatened a 200% tariff on European wines and champagne, unsettling markets. <a href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-hovers-around-12950-four-month-highs-ahead-of-uk-gdp-factory-data-202503140325\" target=\"_blank\">Read More&#8230;<\/a><\/p>\n<\/div>\n<\/div><\/div>\n<div>\n<p>Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. <\/p>\n<p>If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.<\/p>\n<p>FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.<\/p>\n<p>The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. <\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/www.fxstreet.com\/news\/pound-sterling-price-news-and-forecast-gbp-usd-slides-as-uk-economy-falters-ahead-of-central-bank-bonanza-202503141534\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Becki Mote<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD slides as UK economy falters ahead of central bank bonanza The\u00a0Pound Sterling\u00a0registers back-to-back bearish days, dropping some 0.14% on Friday against the Greenback after economic data from the UK revealed that the Gross Domestic Product (GDP) contracted. Despite this, the GBP\/USD trades above the 1.2900 figure, poised to finish the day near that level.<\/p>\n","protected":false},"author":1,"featured_media":834114,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2794,32662],"tags":[],"class_list":["post-834113","post","type-post","status-publish","format-standard","has-post-thumbnail","category-pound","category-sterling"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/834113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=834113"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/834113\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/834114"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=834113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=834113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=834113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}