UK May NIESR GDP estimate +0.2% vs +0.3% q/q expected

Latest data released by NIESR - 11 June 2018

• Prior +0.1%

Slightly lower estimate than expected. This is just an estimation of how much GDP has grown from the month of March to May.

Sterling remains weak following the poor data earlier and trades near the lows with cable breaking below the 200-hour MA highlighted earlier and is now at 1.3350.