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Sunak says economic growth in March is a promising sign of things to come

Despite a rocky start to this year, economic growth in March is a promising sign of things to come.“said UK Finance Minister Rishi Sunak after the economy contracted 1.5% in the first quarter of 2021.

He added: “As we cautiously reopen the economy, I will continue to take all necessary steps to support our recovery.“.

Sunak’s upbeat comments and new buying following encouraging UK GDP data appear to help GBP / USD rally from lows of 1.4107.

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