Home Breaking: GBP/USD drops sharply towards 1.2950 as UK GDP arrives at -0.3% MoM in Nov, misses estimates

Breaking: GBP/USD drops sharply towards 1.2950 as UK GDP arrives at -0.3% MoM in Nov, misses estimates

Published date: 13 Jan. 2020 | 10:32

UK GDP arrives at -0.3% MoM in Nov vs. 0.0% expected.
GBP/USD drops further on downbeat data.

The UK GDP monthly release showed that the UK economy showed contraction in November, arriving at -0.3% versus 0% expected and 0% previous.

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