Pound Slides on Weak UK Growth
1. Pound Sterling fell after UK GDP unexpectedly shrank for the second month in a row.
2. The ongoing contraction raised concerns about the country’s economic momentum.
3. Traders reacted by pulling back from the currency amid fears of deeper slowdown risks.
4. The data added pressure on the Pound as confidence in the UK outlook weakened.
Instrument: GBP | Sentiment: Negative
