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UK: Annual GDP expands 0.6% in Q1, as expected

FXstreet.com (Barcelona) - On an annual basis UK GDP grew 0.6% in Q1, up from the 0.2% rise registered the previous quarter, according to data released today by National Statistics. This result is in line with expectations.

On a quarterly basis Q1 GDP edged up 0.3%, compared with the 0.3% drop in Q4, as expected.

GBP/USD holds at 1.5066/68 after UK GDP

The GBP/USD was again in focus Thursday, following the publication of key economic data in the United States, leaving many investors wondering how the pair would rebound after yesterdays uneven performance.
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GBP/JPY tumbles to 152.24/26 after GDP in UK

The GBP/JPY sell-off has been in full swing during European trading, leading the cross to plunge to session lows on the heels of economic data in the United Kingdom.
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