Definitely keep an eye on the January GDP data and the OBR’s March 26 forecasts—they’ll be key drivers for sterling sentiment. 📊
A positive surprise could give the pound a boost, especially if it signals resilience in the UK economy. But if the numbers disappoint, it could weigh on GBP, especially with the Bank of England’s next moves in play.
Also worth noting: government spending has been a big growth driver lately, so any shifts in fiscal policy could add another layer to the story.
How do you think the market will react if the data comes in mixed? 🤔
