British Pound Pares Losses After Soft GDP

<p>UK GDP falls by 0.5% GBP/USD dips slightly lower The British pound has edged lower on Wednesday. In the European session, GBP/USD is trading at 1.2472, down 0.17%. The pound fell as low as 1.2441 earlier today but has recovered some of those losses. UK economy contracts by 0.5% The UK economy contracted by 0.5% [&#8230;]</p>
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