GBP support continues; GBPUSD eyeing 1.35

The US economy grew faster than initially expected for the third quarter. Data issued yesterday shows that the US economy has grown at annualized pace of 3.3% during the previous quarter. The stronger data has helped support for the USD that has managed to shrug off a 3-week sell off. So far this week the USD is in the positive, however may be too soon to call it a day as we look on to the US senate vote later this week. The vote is with regards to the much awaited tax bill.

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