GBP/USD surged above the 1.34 mark during the North American trading session on Monday, climbing 0.59% as UK GDP figures met market expectations. This rally comes amid a backdrop of thin liquidity, as traders adjust their positions ahead of the Christmas Eve holiday, affecting overall market activity.
The positive growth data from the UK has provided support to the British pound, enhancing its appeal against the USD. As investors react to these economic indicators, the currency pair's movement highlights the ongoing interplay between UK economic performance and the broader market sentiment influencing the dollar's exchange rate.
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Data Source: FX Killer Analysis Team Updated: 2025-12-22 15:44
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.