GBP/USD slips towards 1.3500 as US GDP beats forecasts, PCE in focus

Gold eases on profit-taking; US PCE data in focus

Gold (XAU/USD) edged lower during early European trading hours on Friday, retreating from a five-week high near $3,425 reached in the prior session. The decline comes amid profit-taking and a firmer US Dollar (USD), supported by upbeat US economic data. The latest US GDP report showed the economy expanded at an annualized pace of 3.3% […] The post Gold eases on profit-taking; US PCE data in focus appeared first on XtremeMarkets.

GBP/USD Price Forecast: Pound Sterling at $1.351 as Dollar Loses Ground

The Pound US Dollar exchange rate traded mostly flat on Thursday as the US published its latest GDP estimate for the second quarter of 2025. At the time of writing,...

GBP/USD slips towards 1.3500 as US GDP beats forecasts, PCE in focus

The British Pound (GBP) eases against the US Dollar (USD) on Thursday, trimming all of its earlier gains after climbing to a session high of 1.3526.