The UK was expected to confirm the previous GDP reads of 0.5% growth in Q4 2014. The UK current account for Q4 was expected to show a deficit of 21.2 billion compared with 27 billion in Q3 (before revisions).
GBP/USD was on the back foot, trading around 1.4760, mostly due to the strength of the US dollar in the last trading day of the quarter.
Read the rest of the article UK GDP upgraded to 0.6% – GBP/USD rises