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> 3 pieces of poor UK data were out overnight, so of course GBP is going up
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GBP

3 pieces of poor UK data were out overnight, so of course GBP is going up

Eamonn Sheridan
Eamonn Sheridan
Friday, 05/01/2018 | 03:42 GMT-0
05/01/2018 | 03:42 GMT-0
  • 0

I posted earlier on the data items from the UK, none of which are usual market movers

And all of which were not pretty ....

But it does seem to be opposite day for the UK .... GBP/USD is on its session highs:

Go figure ... (yes, you can quote me on that ;-) )


ps .... the data:

  • Still more UK data: UK small business confidence to a 4 year low in Q4 2017
  • More UK data - UK new car sales record biggest drop since 2009
  • UK data - BRC Shop Price Index for December: -0.6% y/y (prior -0.1%)
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