At 4.30 am ET Thursday, the Office for National Statistics publishes UK GDP data. The economy is forecast to remain flat on month in August, following a 0.3 percent rise in July.

Ahead of the data, the pound traded mixed against its major counterparts. While the pound was steady against the franc and the yen, it declined against the euro. Against the greenback, it rose.

The pound was worth 131.55 against the yen, 1.2150 against the franc, 1.2246 against the greenback and 0.8995 against the euro at 4:25 am ET.

Sterling vs US Dollar (FX:GBPUSD)
Forex Chart
From Feb 2024 to Mar 2024 Click Here for more Sterling vs US Dollar Charts.
Sterling vs US Dollar (FX:GBPUSD)
Forex Chart
From Mar 2023 to Mar 2024 Click Here for more Sterling vs US Dollar Charts.