UK July trade balance report 9 Sept 2016
– GBP – 12.92bln prev from -12.41bln
– trade balance non-EU GBP -4.188bln vs -3.6bln exp vs -4.7bln prev from -4.16bln
GBPUSD has a look lower at 1.3285 on the softer data, the first trade report after the Brexit-vote GBP devaluation. EURGBP supply ay 0.8480 capping further losses for the moment.