EUR/GBP at £0.72 ahead of UK GDP release

Source: WBP Online
The currency pair was seen at its two-month low and an additional decrease is expected in case the economic output of the UK meets forecasts. During the European morning session there was minimal volatility and the cross consolidated at around £0.72. Later today, the preliminary UK GDP estimate for the third quarter is due and is expected to be down to 0.6% from previously reported 0.7% change on quarter. 
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