At 4:30 am ET Friday, the Office for National Statistics is set to issue U.K. foreign trade figures for May. The visible trade deficit is seen widening to GBP 9.7 billion in May from GBP 8.5 billion in April.
Ahead of the data, the pound showed mixed trading against its major rivals. While the pound rose against the U.S. dollar, the euro and the yen, it fell against the Swiss franc.
As of 4:25 am ET, the pound was trading at 0.7192 against the euro, 1.4516 against the Swiss franc, 1.5450 against the U.S. dollar and 188.73 against the yen.
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