British Pound weaker on unchanged GDP

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Data released earlier today from the ONS showed the UK's GDP for the third quarter unchanged at 0.7%, while GDP on an annualized basis declined to 2.6%, below expectations of a 3% increase. The index of services was unchanged at 0.7% meeting analyst expectations. The British Pound eased ahead of the data and touched a new intraday low to 1.55518 breaking down from the tight range the Cable was ...

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