The US inflation news didn’t just affect GBP/USD. The pound dropped by around a third of a cent against the euro too.

From the UK’s GDP data, the most successful parts of the economy were services, especially in the professions and education, while sports activities dropped by nearly 11%.

There’s another big week for UK data upcoming, with unemployment and earnings on Tuesday, inflation on Wednesday and retails sales on Friday.

GBP/EUR past year

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