UK February industrial production mm -0.7% vs +0.2% exp

UK February production data 7 April

• -0.3% prev rev up from -0.4%
• yy 2.8% vs 3.7% exp vs 3.2% prev
• mftg production mm -0.1% vs 0.3% exp vs -1.0% prev
• yy 3.3% vs 3.9% exp vs 2.6% prev
• construction output mm SA -1.7% vs +0.1% exp vs 0.0% prev rev up from -0.4%
• yy SA +0.5% vs 1.9% exp vs 2.3% prev rev up from 2.0%

Soggy headline data sees GBP under pressure again.

GBPUSD has good support/demand into 1.2420 though. Currently 1.2433