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UK election poll news: GBP/USD set to swing on every survey
The latest batch of economic data from the UK provides a fairly negative view on the recent levels of activity with the main takeaway being a flat GDP reading for the month of October. After two consecutive monthly contractions, a reading of 0.0% does signal some improvement, but this should hardly be celebrated and it’s becoming abundantly clear that economic growth has essentially ground to a halt. After a return to growth in Q3 following the contraction in Q2 a technical recession will be avoided for now, even if the fourth quarter delivers a negative reading, but on the whole, this is reflective of an economy ... (full story)