Pound Sunk By Biggest GDP Contraction Since 1958, After Reaching Highest Level Since

[DailyFX]

The pound would set a fresh yearly high of 1.6746 before the final reading of 1Q GDP showed the lowest quarterly growth since 1958 of -2.4% down from -1.9%....

complete story here... (http://www.dailyfx.com/story/dailyfx_reports/daily_brief/Pound_Sunk_By_Biggest_GDP_1246356560350.html)