A mixed outcome from the UK industry: industrial output rose 0.1% as expected but y/y it rose 1.7%, above expectations. Manufacturing production missed with a monthly drop of 0.4% and a yearly drop of 0.1%, but these were cushioned with upwards revisions.

GBP/USD is bouncing off the lows of 1.50 and stabilizing around 1.5015.

Read the rest of the article UK industrial output is mixed- GBP/USD escapes 1.50