UK GDP arrives at 0% MoM in April, as expected

• UK GDP came in at 0% MoM in April vs. 0% forecast.
• GBP/USD remains below 1.2750 after the UK data.

The UK economy stagnated in April after expanding 0.4% in March, the latest data published by the Office for National Statistics (ONS) showed on Wednesday. Markets expected no growth in the reported period.

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