UK Nationwide August HPI mm -0.1% vs 0.0% exp

UK Nationwide August HPI report just out 29 Aug

• 0.2% prev revised down from 0.3%
• yy 2.1% vs 2.5% exp vs 2.9% prev

Soggy housing data but just one of three UK readings for the sector.

GBPUSD unfazed and still 1.2946 underpinned but unable to get through 1.2950 as yet.

EURGBP 0.9251 also underpinned and nudging higher off 0.9248 lows after the retreat from late NY 0.9270 highs.

UK Nationwide HPI mm