GBP/USD exchange rate steady as UK’s annual GDP revised higher

The pound US dollar exchange rate held steady today, with the pair currently trading around $1.230 after the UK’s Q2 year-on-year growth figure was revised from 1.2 percent to 1.3 percent. However, the pound failed to make any gains against the US dollar as ongoing pessimism about the UK economy and Brexit uncertainty continued to cast a cloud over market sentiment.

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