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British Pound (GBP) – Mixed UK Q3 GDP Data, GBP/USD Nudges Higher

GBP/USD Price, Chart, and Analysis Mixed UK Q3 GDP data lends Sterling a small bid. Market liquidity continues to thin ahead of the holiday period. The UK economy grew by 1.1% between July and September this year, missing prior forecasts of 1.3% growth. The annualized rate however beta prior forecasts – 6.8% compared to 6.6% - due to an upward revision in the 2020 numbers. The latest data shows the UK economy is now 1.5% below where it was pre-coronavirus at Q4 20

MongiIG

MongiIG in Market News

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