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UK GDP expected to show weak economic growth in Q4

Markets will be watching closely on Thursday, when the United Kingdom’s (UK) Office for National Statistics (ONS) will release the advance estimate of Q4 Gross Domestic Product (GDP).

🔗 Source

💡 DMK Insight

The upcoming UK GDP estimate could shake up market sentiment significantly. Traders should be prepared for volatility, especially if the figures deviate from expectations. A stronger-than-expected GDP could bolster the British pound, impacting forex pairs like GBP/USD and potentially lifting UK equities. Conversely, a disappointing number might trigger a sell-off, not just in the pound but across related markets. Keep an eye on the 1.30 level for GBP/USD; a break below could signal further weakness. Given the current economic climate, where inflation and interest rates are in focus, this GDP release is more than just a number—it’s a potential catalyst for broader market movements. Watch how institutional players react, as their positioning could set the tone for the rest of the week.

📮 Takeaway

Watch for the UK GDP estimate on Thursday; deviations from expectations could lead to significant moves in GBP/USD and related markets.

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