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May 14 - 06:55 AM

GBP/USD - Traders Should Consider The Ugly Elements Of UK Data 

By Jeremy Boulton  —  May 14 - 04:56 AM

• UK trade deficit widened far more than expected

• The prior months shortfall was revised higher

• At GBP 27.2 billion the deficit is largest on record

• Business investment fell 1.8% in Q1

• First decline for investment since Q4 2024


Business investment


GBP/USD


(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters
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