United Kingdom Net Lending to Individuals (MoM) below forecasts (£3.3B) in May: Actual (£2.7B)

Jul 1, 2024

United Kingdom M4 Money Supply (MoM): -0.1% (May) vs previous 0.1%

GBP/USD: A break above 1.2700 to turn the momentum to the upside – UOB Group

Increase in momentum is beginning to fade. If the Pound Sterling (GBP) breaks above 1.2700, it would mean that it is not weakening further, analysts at UOB Group note.