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TD says ONS seasonal adjustment may overstate UK H1 GDP and understate H2, affecting markets, sterling, BoE outlook.
Pound slips as US-Iran uncertainty boosts dollar; higher oil supports Fed hawkishness, while soft UK data weighs.
GBP/USD steadies near 1.3450 amid fragile US-Iran ceasefire, lower UK yields, awaiting US PCE data.
EUR/GBP rises near 0.8650 as ECB hawkish signals contrast fading BoE hike bets; options favor upside.
Sterling rebounds as GBP/USD attracts dip-buyers, but geopolitics and Fed-BoE policy standoff cap gains near 1.3500.
GBP/USD ticks up as softer inflation fears offset hawkish Fed, Iran tensions; pair remains range-bound, volatile.
GBP/USD trades sideways as BoE and Fed policy converges; oil-driven inflation keeps rates steady, awaiting US PCE.
Sterling slid versus dollar as US-Iran tensions fueled risk-off flows; softer UK yields and PCE awaited.
Sterling fell as US-Iran tensions and hawkish Fed bets boosted dollar demand; GBP/USD dropped near 1.3444.
BNP Paribas sees UK growth halving in 2026 as Iran-driven inflation lifts, prompting 50bp tightening.
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