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GBP/USD unmoved as UK economy grows as expected in January

That whole raft of UK economic data has just been released and it was all pretty much as forecast, with some slight deviations in some of the numbers. The key release, the UK January GDP print was as expected and the UK did grow by a meagre 0.2% in the first month of the year. The reaction in the pound has been pretty non-existent so far. Perhaps that is not surprising, given that this was expected and so no surprise to evoke a spike or a slide. The GBP/USD is right now trading at 1.2794, where it was before this data arrived 

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