Today, UK's Q4 GDP came out -0.5% instead of the expected gain of 0.5%. We saw the GBP/CHF top off yesterday and offer the most precipitous drop in GBP-crosses today. There is a Swissie-strength theme here too. but other GBP-crossesare showing a sterling-weakness as well. GBP/USD, GBP/JPY plunged, as the GBP/AUD attempts to top off. EUR/GBP is in a very strong rally.
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