GBP stabilizes after sharp fall

The British pound has reaped considerable gains on Thursday trading session. GBP/USD is currently trading at 1.3476, up 0.36%.
The positive news was about the UK economy, as the final estimate for UK growth in Q3 was 5.5%, revised upwards from 4.8%.
The United Kingdom’s GDP is now about 3.3% below its pre-Covid level at the end of 2019, but the economy is clearly heading up acceptable direction.
The UK was hit by a petrol shortage this week, due to a severe shortage in truck drivers due to the severe consequences of Covid pandemic and Brexit, which has caused many foreign workers to leave the UK and return to the member states of the European Union.
The British Chamber of Commerce has warning that the fuel shortage could severely damage the economy, and the pound took a fall earlier in the week, falling to its lowest level since June 2021.