{"id":107365,"date":"2020-12-22T08:39:18","date_gmt":"2020-12-22T08:39:18","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=107365"},"modified":"2020-12-22T08:40:49","modified_gmt":"2020-12-22T08:40:49","slug":"105089-gbp-usd-outlook-uk-final-gdp-revised-to-show-16-jump-in-q3","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105089-gbp-usd-outlook-uk-final-gdp-revised-to-show-16-jump-in-q3\/","title":{"rendered":"GBP\/USD Outlook: UK Final GDP Revised To Show 16% Jump in Q3"},"content":{"rendered":"<ul>\n<li>The cable bounces back from its intraday-low; now trading above 1.3400.<\/li>\n<li>UK Current Account Deficit wider than expected.<\/li>\n<li>Total Business Investment higher than anticipated.<\/li>\n<\/ul>\n<p>GBP\/USD trades higher near 1.3414 after the better-than-expected final reading of the third-quarter UK GDP.<\/p>\n<p>UK third-quarter GDP recorded 16.0 Percent QoQ growth, better than 15.5 Percent expected and higher than 15.5 Percent earlier. On an annualised basis, the change was -8.6 Percent compared to -9.6 Percent expected and -9.6 Percent previous.<\/p>\n<p>Third-quarter Current Account numbers were at -15.6 billion pounds against -11 billion pounds expected and -2.8 billion pounds earlier.<\/p>\n<p>The Total Business Investment clocked 9.4 Percent QoQ in the third quarter beating 8.8 Percent expected as well as previous.<\/p>\n<p>Despite the bullish numbers, the spot was trading down 0.45 Percent near 1.3407.<\/p>\n<p>The GDP data released by National Statistics gives a measure of all the goods and services produced by the UK. Positive growth in GDP is usually bullish for the sterling pound.<\/p>\n<p>At the time of writing, one British Pound buys 1.3437 US dollars, down -0.16% as of 8:38 AM UTC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cable bounces back from its intraday-low; now trading above 1.3400. UK Current Account Deficit wider than expected. Total Business Investment higher than anticipated. GBP\/USD trades higher near 1.3414 after the better-than-expected final reading of the third-quarter UK GDP. UK third-quarter GDP recorded 16.0 Percent QoQ growth, better than 15.5 Percent expected and higher than [&hellip;]<\/p>\n","protected":false},"author":163946612,"featured_media":5635,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1379,1381],"tags":[1888,1813],"class_list":{"0":"post-107365","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gbp","8":"category-usd","9":"tag-gbp-usd","10":"tag-uk-gdp"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/USD Outlook: UK Final GDP Revised To Show 16% Jump in Q3 - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/105089-gbp-usd-outlook-uk-final-gdp-revised-to-show-16-jump-in-q3\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stelian Olar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105089-gbp-usd-outlook-uk-final-gdp-revised-to-show-16-jump-in-q3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105089-gbp-usd-outlook-uk-final-gdp-revised-to-show-16-jump-in-q3\\\/\"},\"author\":{\"name\":\"Stelian Olar\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"headline\":\"GBP\\\/USD Outlook: UK Final GDP Revised To Show 16% Jump in Q3\",\"datePublished\":\"2020-12-22T08:39:18+00:00\",\"dateModified\":\"2020-12-22T08:40:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105089-gbp-usd-outlook-uk-final-gdp-revised-to-show-16-jump-in-q3\\\/\"},\"wordCount\":180,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105089-gbp-usd-outlook-uk-final-gdp-revised-to-show-16-jump-in-q3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100658-gbp-eur-uk-gdp-rebounds.jpg\",\"keywords\":[\"gbp\\\/usd\",\"uk gdp\"],\"articleSection\":[\"GBP\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105089-gbp-usd-outlook-uk-final-gdp-revised-to-show-16-jump-in-q3\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105089-gbp-usd-outlook-uk-final-gdp-revised-to-show-16-jump-in-q3\\\/\",\"name\":\"GBP\\\/USD Outlook: UK Final GDP Revised To Show 16% Jump in Q3 - 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