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Friday, April 28, 2017

[FOREX NEWS] UK GDP misses with 0.3% in Q1 2017 – GBP/USD wobbles

Brexit begins biting: the economy grew by 0.3% in Q1 2017. This is below 0.4% expected and far worse than 0.7% seen in Q4 2016. Year over year, GDP advanced by 2.1%, also short of 2.2% predicted. GBP/USD is trading at 1.2915. The pair jumped all the way to 1.2944 but retreated in the very [...]

The post UK GDP misses with 0.3% in Q1 2017 – GBP/USD wobbles appeared first on Forex Crunch.



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