Sterling GBP fell in forex trading against the dollar during Thursday’s trading despite the growth data for the third quarter, indicating that the economy of the United Kingdom ignored the direct shock that followed the vote on Britain out of the European Union in June 23.
GBP / USD has risen to its highest level by 1.2271 before falling back to 1.2222.
GDP rose by 0.5% in the three months to September, showed preliminary figures released by the Office for National Statistics slowing growth rate of 0.7% in the second quarter, but higher than forecasts for growth of 0.3%.
As the economy grew by 2.3% on an annual basis in the, well above expectations for a growth rate of 2.1%.
Chief economist, said in a census Joe Grace. “There is little evidence on the existence of a clear impact in the wake of the vote.”
The services sector shrank in Britain, which constitutes three-quarters of the economy by 0.8% in the third quarter, while the decline in activity in other sectors.
Construction shrank by 1.4%, and agriculture activity fell by 0.7% and industrial production fell by 0.4%.
It was today’s report is the first report illustrates how the economy in response to the uncertainty that followed the exit from the European Union.
The Bank of England recently warned last month that the data may show the growth rate of only 0.2% in the third quarter.
The central bank will meet next week to decide whether to cut interest rates further to support the economy.
But the British central bank governor Mark Carney said Tuesday that the bank is concerned that the sharp decline in the pound could raise inflation, believing the remarks signal that interest rates will remain on hold.
He welcomed the United Kingdom adviser Philip Hammond B report, saying that the UK economy is flexible, and that “the situation is good,” to deal with the challenges and opportunities offered by the exit.
The decline in sterling against the euro, with EUR / GBP rising 0.21% to hit 0.8926.

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