GBP/USD is trading higher Tuesday morning at 1.5273, up 0.0052. Trading has been choppy and range-bound overnight.
U.K. Quarterly GDP was reported as 0.3 percent versus 0.4 percent on the last report and the slowest in two years. Year-over-year growth was reported as 2.4 percent versus 3.0 percent on the previous report.
Market talk about U.S. economic data and the Federal reserve meeting this week is constant. Chatter about U.K nationwide house prices data due out at 2:00 a.m. ET on April 29 is making the rounds.
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