The Pound Sterling drops against its major currency peers after weak UK GDP and factory data for July.

Bitcoin remains steady above $110K and the 50-day EMA, with bulls eyeing $117K–$120K while $105K serves as critical long-term support.

Gold remains firm after hitting another record, as the 3600 level becomes the latest support.

The combined effect of a hawkish ECB and US data (consensus core CPI and spike in jobless claims) has sent the EUR:USD short-term rate differential to the tightest in a year.