Second reading of the UK Q4 GDP at 09.30 GMT

Could there possibly be some sort of leak? Surely not. I mean it's never happened before has it...

Anyhow the pound is having a good morning after cable had an early look at 1.3900 as EURGBP got bought up to 0.7930 on general euro demand.

All changed now though and we've got 0.7894 and 1.3948 with cable off 1.3963 highs.

Blink and you miss the sentiment changes right now. Let's see if the data does indeed justify the rally.