Pound Heads for Worst Run Since November on UK Growth Concerns

The pound headed for a sixth straight drop, its worst streak this year, with a downturn in the UK’s economic growth leading traders to bet on further losses.

Sterling traded 0.4% down at $1.3522, the lowest since June 24, taking the shine off a strong rally in 2025. While part of the decline reflects a broader dollar rebound in recent days, data on Friday showing the UK economy contracted for a second month has added momentum to the move.