UK Industrial Production

The Pound erased earlier gains and slipped lower Tuesday after official data highlighted strong momentum in the economy during the summer months but revealed a slowdown in growth during August.

Heavy industry data for March showed further declines in the construction industry which are particularly concerning to economists

The Pound pared back earlier gains during the morning session Wednesday after the latest round of industrial data from the Office for National Statistics showed output from Britain’s manufacturing and construction sectors surprising on the downside for the month of February.

Tuesday’s industrial data could make or break the economic narrative around Sterling ahead of November’s Bank of England monetary policy meeting

Pound Sterling exchange rates are likely to be driven by data ahead of the weekend - here are the numbers to look for and the potential foreign exchange reactions.

Pound Sterling has turned lower as the recent rally is pared back from overbought conditions.

Another day, another disappointing set of economic data from the United Kingdom.