France Q2 GDP advance reading now out 28 July

  • 0.5% prev
  • yy 1.8% vs 1.6% exp vs 1.1% prev

Better than expected yy data sees EURUSD posting session highs of 1.1696 and EURGBP 0.8940 after yesterday's hold around 0.8900 and helping to cap cable again.

Patience is often a virtue in this game and yesterday was a good example for GBP sellers.