Breaking: UK GDP rebounds 15.5% QoQ in Q3 vs. 15.8% expected, GBP/USD keeps lows

• UK GDP jumped by 15.5% QoQ in Q3 vs. +15.8% expected.

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).