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GBP/USD: Trading the British Revised GDP

From forexcrunch.com

British Revised Gross Domestic Product (GDP), published each quarter, measures the production and growth of the UK economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is higher than the market forecast is bullish for the pound. Here are all the details, and 5 possible outcomes for GBP/USD. Published on Friday at 8:30 GMT. Indicator Background British Revised GDP is a key economic indicator, and provides an excellent indication of the health and direction of the UK economy. Traders should pay particular attention to this economic indicator, as any unexpected reading ... (full story)

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