StockMarketWire.com - UK Gross Domestic Product (GDP) has come in as expected at -0.3% quarter-on-quarter, unchanged from the previous quarter. However, year-on-year GDP pushed higher by 0.03%.
Sterling pairs have pushed higher immediately following the data release. The biggest swings being seen in GBP/AUD +0.44% and GBP/NZD +0.25%. Cable is currently trading at +0.07% at $1.5133.
At 9:35am:
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