United Kingdom Total Trade Balance climbed from previous £0.305B to £4.3B in May

Jul 14, 2020

UK GDP expands 1.8% MoM in May vs. +5.0% expected, GBP/USD unfazed

The UK GDP monthly release showed that the economy expanded less-than-expected during May, arriving at +1.8% versus +5.0% expected and -20.4% previous

GBP/USD remains depressed below mid-1.2500s post-UK macro data

The GBP/USD pair remained on the defensive below mid-1.2500s and had a rather muted reaction to a batch of important UK macro releases. The pair conso