Revisions are not that common with UK GDP figures, but when they do appear, the impact is notable. Growth was revised up from 0.5% to 0.6% q/q for the fourth quarter of 2015 and year over year, it was also pushed higher from 1.9% to 2.1%. GBP/USD breaks back above 1.4365 to 1.4387, completing a 60 pip rise from the downside. Among the components, business investment remains depressed, but better than previously reported. The fresh figure is -2%. Other components were also revised a bit higher. This is good news for the pound amid worries about a Brexit that weigh on it. BOE governor Mark Carney spoke earlier, but did not touch on monetary policy. He focused on his other role as the Chair of the FSB. Not all is positive though: the current account deficit swells all the way to 32.7 billion, far worse than 21.2 billion expected and 20.1 billion seen beforehand. Also net lending to individuals, falls short of expectations with 4.9 billion instead of 5.1 billion expected. On the positive side, M4 Money Supply rises by 0.9% instead of 0.1% predicted and the index of services also beats. Mortgage approvals came out at 73.9, within expectations. Here is how this break looks on the Pound/dollar chart. Note that the pair is edging towards the round number of 1.44. Further resistance awaits at 1.1440. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Euro-zone remain in deflation – EUR/USD ignores Yohay Elam 7 years Revisions are not that common with UK GDP figures, but when they do appear, the impact is notable. Growth was revised up from 0.5% to 0.6% q/q for the fourth quarter of 2015 and year over year, it was also pushed higher from 1.9% to 2.1%. GBP/USD breaks back above 1.4365 to 1.4387, completing a 60 pip rise from the downside. Among the components, business investment remains depressed, but better than previously reported. The fresh figure is -2%. Other components were also revised a bit higher. This is good news for the pound amid worries about a Brexit that weigh… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.