GBP/USD Price Analysis: Rebounds as UK Avoids Recession

<div><img width="746" height="510" src="https://www.forexcrunch.com/wp-content/uploads/2023/04/Screenshot_2.png" class="type:primaryImage wp-post-image" alt="" decoding="async" style="margin-bottom: 15px;" fetchpriority="high" srcset="https://www.forexcrunch.com/wp-content/uploads/2023/04/Screenshot_2.png 746w, https://www.forexcrunch.com/wp-content/uploads/2023/04/Screenshot_2-300x205.png 300w, https://www.forexcrunch.com/wp-content/uploads/2023/04/Screenshot_2-150x103.png 150w" sizes="(max-width: 746px) 100vw, 746px" /></div> <p>The British economy avoided a recession in the third quarter. The dollar held steady after hawkish remarks from US Fed Chair Jerome Powell. The UK economy experienced a 0.2% growth in September. The GBP/USD price analysis on Friday displayed a modest bullish trend, with the British pound making a measured recovery. This uptick followed the...</p> <p>The post <a rel="nofollow" href="https://www.forexcrunch.com/gbp-usd-price-analysis-rebounds-as-uk-avoids-recession/">GBP/USD Price Analysis: Rebounds as UK Avoids Recession</a> appeared first on <a rel="nofollow" href="https://www.forexcrunch.com">Forex Crunch</a>.</p>