FxPro Forex Analysis: UK economy slowing but not stalling

The latest GDP data for Q4 in the UK showed that the economy grew at 0.5%, just a touch short of expectations for a 0.6% gain. This represents a slowdown from the pace seen in the previous quarter of 0.7% QoQ. Sterling has softened a touch, but not drastically so. EURGBP at 0.75000.