GBP -Revised GDP

oxygen.60

Active Trader
Apr 21, 2010
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This is the second release of Gross Domestic Product for the third quarter. The initial report was excellent – a growth rate of 0.8%, double the early expectations. It then gave a big boost to the pound. This figure will probably be showed now. But I will remain bearish for this coming Nov 24 for this currency because the Irish problems and the internal austerity measures continue weighing on the pound.