Following the release of U.K. GDP data for the third quarter, trade data, industrial production and construction output for September at 4:30 am ET Friday, the pound dropped further against its major counterparts.

The pound was trading at 148.19 against the yen, 1.3119 against the franc, 0.8706 against the euro and 1.3022 against the greenback around 4:32 am ET.

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