It’s a not been a good morning’s reading for UK households 15 Feb
I mentioned in my UK data preview that with rising inflation comes concerns that wages will not keep pace and hey presto the pound falls on softer data. GBPUSD has been down to 1.2420, EURGBP to 0.8495 and GBPJPY down to 142.15
Softer UK wages report sends the pound lower as new reports show living standards on the slide
