Pound Mixed Ahead Of U.K. GDP Data
At 2.00 am ET Friday, the Office for National Statistics is set
to publish UK GDP data for January. The economy is forecast to
contract 4.9 percent on month, reversing a 1.2 percent rise in
Ahead of the data, the pound traded mixed against its major
counterparts. While the currency fell against the greenback and the
yen, it held steady against the euro and the franc.
The pound was worth 1.3951 against the greenback, 151.86 against
the yen, 1.2937 against the franc and 0.8565 against the euro as of
1:55 am ET.