![GBP/USD struggles despite UK´s economy dodging a recession, post-Powell’s hawkish tone GBP/USD struggles despite UK´s economy dodging a recession, post-Powell’s hawkish tone](https://shmi.ir/wp-content/uploads/2023/11/GBPUSD-struggles-despite-UK´s-economy-dodging-a-recession-post-Powells-hawkish-150x203.jpg)
[ad_1] Share: GBP/USD continues its downward trend, dropping 0.16% despite the UK GDP narrowly avoiding a contraction in Q3. The Bank of England’s cautious stance mirrors the Fed’s, as both central banks adopt a meeting-by-meeting approach to monetary policy. Upcoming economic releases from the UK and US, including jobs, inflation, and retail data,