GBP Rates Struggle prior to GDP

GBP exchange rates have struggled today falling 1 cent against the Euro as the market eagerly awaits UK GDP data released at 09:30 tomorrow morning. Figures are expected to come in at 0.5% an improvement from the previous quarter of -0.5%. Should figures come in any worse than 0.5% I would expect pressure for Sterling and the reverse should we see growth figures better than expected.

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