GBP/USD drops as US economy shrinks, inflation holds firm

The Pound Sterling tumbled against the US dollar as the economy in the United States contracted, as revealed by Gross Domestic Product (GDP) figures for Q1 2025. At the time of writing, the GBP/USD trades at 1.3331, down 0.51%
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EUR/GBP Price Analysis: Sterling slips as euro regains traction post-Europe

The EUR/GBP is trading with mild gains on Wednesday, hovering around the mid-0.8500 zone following the European session. The pair rebounded within the day’s range, showing modest upward pressure.
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