# Pound To Dollar Forecast, News: GBP Stabilises As US Q1 GDP Revised Lower

> US first-quarter GDP growth was revised down from 2.0% to 1.6% annualised, reflecting weaker consumer spending and softer business investment. The dollar gave back earlier gains as the revision weighed on sentiment, despite renewed US-Iran tensions. GBP/USD traded around $1.344.

- Date: 2026-05-29 · published 2026-05-29T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/19520-pound-to-dollar-forecast-news-gbp-stabilises-as-us-q1-gdp-revised-lower
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

A downward US growth revision softens dollar support and modestly eases pressure on dollar-priced commodities. The effect on feed markets is minor and tied to currency moves rather than physical supply.

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/46045/2026-05-29-pound-to-dollar-forecast-news-gbp-stabilises-as-us-q1-gdp-revised-lower.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.