The GfK consumer confidence survey hit -13 in July
expected -12, prior -14highest since September 2021subindex measuring consumers’ willingness to make major purchases jumped 7 points, an encouraging result
Joe Staton, GfK’s client strategy director:
“July’s consumer confidence poll suggests a note of
caution as people wait to see exactly how the UK’s new
government will affect the wider economy and their personal
finances”
GBP/USD is little changed after its weak performance overnight (alongside others it should be said, the USD gained notably):
This article was written by Eamonn Sheridan at www.forexlive.com.
