Cable hugs 1.2100 as raft of UK data digested, including GDP statistics

UK GDP down 0.5% in Dec vs minus 0.3% f/c. Zero growth in Q4, as f/c

Zero growth means UK avoids recession (UK economy contracted in Q3)

1.2090 was GBP/USD low in Asia, as risk aversion lifted safe-haven dollar

U.S. stocks ended down Thursday as UST yield curve inverted further

1.2193 was intra-week high as U.S. stocks opened higher on Thursday