The pound’s resurgence was stopped in its tracks yesterday, in a quiet day for data, while GBP/USD could best be described as choppy.
Overnight we have had a reading for the British Retail Consortium (BRC) retail sales monitor of a 2.7% rise in sales since last November.
Later today we will have a final result for S&P services PMI and will also see how new car sales are doing.
Tomorrow, watch out for another speech by Bank of England boss Andrew Bailey, along with the BoE’s financial stability report.
GBP/EUR past year
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