UK May production data now released 7 July
- 0.2% prev
- yy -0.2% vs +0.2% exp
- mftg prod mm -0.2% vs 0.5% exp vs 0.2% prev
- yy 0.4% vs 1.0% exp vs 0.0% prev
- construction output mm SA -1.2% vs 0.7% vs -1.1% prev rev up from -1.6%
- construction output yy SA
Soggy data report that won't surprise the UK-GBP bears.
Worse than expected trade figures also released to make it a double whammy.
GBPUSD tumbles to 1.2916, that ol' magic support number holding again even though we've posted 1.2893 this week.
EURGBP takes out 0.8820-25 resistance/offers to post 0.8839 in a rush.
![](http://az705044.vo.msecnd.net/20170707/uk-ind-prod-mm.png)
UK ind production mm