(10/22) DailyFX -Trading the News: U.K. Gross Domestic Product - DailyFX Forex Forum

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(10/22) DailyFX -Trading the News: U.K. Gross Domestic Product

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10-22-2009, 01:42 PM

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(10/22) DailyFX -Trading the News: U.K. Gross Domestic Product

Trading the News: U.K. Gross Domestic Product

What's Expected
Time of release: 10/23/2009 08:30 GMT, 04:30 EST
Primary Pair Impact : GBPUSD
Expected: 0.2%
Previous: -0.6%

The U.K. economy is expected to emerge from the recession in the third quarter, with economists forecasting the advanced GDP to show a 0.2% expansion from the three-months through June, and the data is likely to support the rally in British pound as policy makers hold an improved outlook for the economy.

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