Latest data now out

  • -3.0% prev revised down from -2.4%
  • yy -13.3% vs -13.0% exp vs -14.6% revised down from -13.8%
  • PPI Output mm NSA -0.1% as exp vs -0.5% prev revised down from -0.4%
  • yy NSA -1.8% as exp vs -1.9% prev revised down from -1.8%
  • Core output mm NSA +0.1% vs 0.0% exp vs -0.1% prev revised down from 0.0%
  • yy NSA +0.2% as exp vs +0.1% prev

All eyes on the horrid CPI number as GBPUSD falls further to 1.5251 before running into more demand

EURGBP capped at 0.7473 and now 0.7454 again

How you liking your moves so far? Crazy days but opportunities for sure