Story perspectives
GBP/USD Soars on Strong Jobs, UK Growth Data
6/10/2025
50 5
1 of 1
Story summary
- GBP/USD climbed to 1.3532, peaking at 1.3581, driven by improved US-China trade relations.
- The US added 139,000 jobs in May, maintaining a 4.2% unemployment rate, reflecting labor market strength.
- UK GDP growth surpassed expectations, bolstering the British pound against a weaker US dollar.
- Upcoming UK data will be vital for evaluating economic trends and potential Bank of England policy shifts.
