GBPUSD

This week, the prominent data in the United Kingdom will be the growth figures. Additionally, housing and trade data, as well as announcements from the Bank of England, will be closely monitored. The critical inflation and consumer confidence figures from the US will also play a decisive role in the exchange rate in the short term. Strong data from the US, combined with high inflation/potential slowdown signals from the UK, could put pressure on the pound in a short period.