Has fallen back from 1.5603 and we did get a little spike just before the figure which would suggest some front running of a possible good number. Now at 1.5589 but looking well bid at the moment.
EUR/GBP took a punch and fell down to 0.8446 just ahead of tech support at 0.8444 (I’ll have the levels up in a moment).
Once again the UK recovery shows that it is real and sustainable, though I would advise that we may see it start consolidating in the coming months. The lower expectations would suggest that the market is expecting that also.