Growth is slowing in the UK: the economy grew by 0.5% q/q, worse than 0.6% expected and 0.7% in Q2. Year over year, we have a small drop to 2.3% from 2.4% beforehand.
GBP/USD is reaching down to support at 1.53 but quickly bounces off this level.
Read the rest of the article UK GDP disappoints with 0.5% – GBP slides to support