CME Group Inc.
08/14/2026 | Press release | Distributed by Public on 08/14/2026 14:46
British Pound futures hit 3-month high on UK GDP data.
Bob Iaccino of Path Trading Partners breaks down price action in British Pound futures as the September contract reached a three-month high before settling higher for the session. UK second-quarter GDP data met expectations with 0.4% growth, while June output rose 0.3%, offering support to hawkish Bank of England policymakers. With no BOE meeting scheduled until September 17, foreign exchange markets remain attuned to U.S. inflation and labor data as key drivers for currency valuation.
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