Q2 2015 UK GDP preliminary data report 28 July 2015
– 2.6% vs 2.6% exp y/y. Prior 2.9%
– May Index of services 00.3% vs 0.3% exp m/m. Prior 0.2%
– 0.4% vs 0.5% exp 3m/3m. Prior 0.5%
Bang on the money which has brought a ‘relief that it wasn’t bad’ reaction in GBPUSD. We’re up to 1.5560 from 1.5523