GBP/USD little changed after UK final GDP revised up to 1.3% QoQ in Q4

• UK GDP rises 1.3% QoQ in Q4 vs. 1.0% expected.
• UK Current Account deficit stood at GBP26.3 B in Q4.
• GBP/USD remains unfazed by upbeat UK data, holds above 1.3700.

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).