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The Pound jumps higher post UK Data

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  • The overnight session in G10 FX saw a steady Dollar, the Kiwi was the early best performer, but by just 0.22%, and at the other end of the spectrum, the Yen was down 0.33%, with the Swissy following suit, down 0.23%.
  • Following the European Cash Govie Open and the UK Data, the Pound has jumped higher, to now be the best early performer, up 0.30% and testing through the 1.2800 figure against the Dollar.
  • This is putting some pressure in the EURGBP, now through Yesterday's low, with the next support seen towards the figure, at 0.8502 20-day EMA.

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