The Pound Sterling (GBP) gained momentum on Monday, appreciating by 0.45% to approach the 1.3440 level against the US dollar (USD) following the release of the revised Q3 Gross Domestic Product (GDP) data for the UK. The stronger-than-expected GDP revision has led to increased demand for the currency, influencing trading patterns across major currency pairs.
As the market digests this positive economic news, the improved exchange rate of GBP against peers like the euro (EUR) is attracting further bids. Traders are now closely monitoring the implications of this data on the Bank of England's monetary policy, with potential shifts in sentiment expected as the UK economy shows signs of resilience.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-12-22 11:18
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.