GBP/USD Price Forecast: Declines on disappointing data, tumbles to 1.2500 – FXStreet

The GBP/USD price forecast took a hit as disappointing data led to a tumble to 1.2500. The decline was influenced by negative economic indicators, causing the pair to drop to this key level. The market reaction to the data was swift, resulting in a sharp decrease in the exchange rate. Traders will be closely monitoring the situation to see if the pair can rebound from this recent drop.

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