GBP/USD eases from multi-year highs as market digests mixed UK macro data

  • The British Pound (GBP) weakens against the US Dollar (USD) on Monday as mixed UK economic data weighs on the Sterling despite a generally subdued Greenback. The GBP/USD pair experiences slight selling pressure after the release of GDP Q1 figures, declining from near its multi-year high as investor sentiment turns cautious.