Breaking: UK Preliminary GDP misses estimates with 1.3% QoQ in Q3, GBP/USD uninspired

• Quarterly GDP for the UK grew by 1.3% in Q3 vs. 1.5% expected.
• UK GDP arrived at 0.6% MoM in September vs. 0.4% previous.
• GBP/USD is little changed around 1.3425 on mixed UK GDP.

more to come ...

About UK GDP

The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic activity. Generally speaking, a rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish).