UK Q3 GDP revised lower- GBP/USD largely unmoved so far

The final reading of UK Q3 GDP has just been released and it has shown that the UK economy did not grow at all in that period. UK growth was expected to remain at a very tepid level of 0.1% in the 3 months to September. Well, is has just been revised down to Zero. The news is not much of a surprise to the markets though. A batch of other UK data has also just been released and it is slightly more positive, namely on Q3 business investment. That has been revised high on a quarterly and annualised basis. The GBP/USD fell to a low at 1.2476 on Friday, but as the dollar fell back into the weekend, the Pound reclaimed the 1.26 handle (1.2614 the high) ahead of the weekly close. The GBP/USD closed in the US on Friday at 1.2570 and it is not far removed from that weekly close this morning. Looking at the price action since that UK GDP data, you can see it has not exactly been fazed by it, but it is off an earlier session high at 1.2588. The low seen earlier today was set at 1.2554. The Pound is currently trading at 1.2566