At 4:30 am ET Thursday, the Office for National Statistics is scheduled to release second estimate for U.K. GDP. According to preliminary estimate, the economy expanded 0.3 percent in the first quarter.
Ahead of the data, the pound showed mixed trading against its major counterparts. While the pound advanced against the greenback, it fell against the franc and the euro. Against the yen, the pound held steady.
As of 4:25 am ET, the pound was worth 1.5061 against the greenback, 153.30 against the yen, 1.4573 against the franc and 0.8548 against the euro.
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Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.