Latest data released by the UK Nationwide Building Society - 1 May 2019
- Prior +0.2%
- House prices +0.9% vs +0.7% y/y expected
- Prior +0.7%
The data has been released a little earlier than scheduled, was initially set for a release at the top of the hour. The print here shows that house prices are picking up over the past two months but housing market sentiment remains relatively subdued with Brexit uncertainty still prevailing in the UK economy.
Cable holds steady at 1.3045 currently, trapped in a range of less than 20 pips. EUR/GBP is near unchanged levels at 0.8600 at the moment.
