Sterling Slides After GDP Data as Odds of BoE Hold Next Week Slightly Improve

<p>The UK economy contracted faster than expected in July which is weighing on the pound this morning. GDP fell 0.5%, much faster than the 0.2% contraction that was expected, but as has been the case throughout this year, one-off factors played a big role. Strikes and the weather were largely blamed for the steep decline […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/518463-sterling-slides-after-gdp-data-as-odds-of-boe-hold-next-week-slightly-improve/">Sterling Slides After GDP Data as Odds of BoE Hold Next Week Slightly Improve</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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