UK trade balance May GBP -9.204 bln vs -8.75 bln exp via ForexLive

  • GBP -8.812 bln prev revised up from -8.92 bln
  • non EU GBP -3.961 bln vs -3.4 bln exp vs -3.876 bln prev revised down from -3.78 bln

Another awful reading for the trade deficit and that's with GBP up here and a nation of net importers

Surely I can't be the only one that always flinches at this release?

GBPUSD down to 1.7121 from 1.7133

Key tech support between 1.7105-15. Bids 1.7100-10 too

 

posted via ForexLive

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: ForexGlobalEconomics
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!