UK June trade data disappoints across all indicators

Separately, the UK goods trade balance report was released, which arrived at -12.72 billion in June, versus 11 billion expectations and -11.306 billion last. Total trade balance came in at -4.564 billion in June versus -2.500 billion expected and -2.516 billion previous.

United Kingdom Total Trade Balance came in at £-4.564B below forecasts (£-2.5B) in June

United Kingdom Total Trade Balance came in at £-4.564B below forecasts (£-2.5B) in June
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GBP/USD unmoved on UK data, around 1.2970

The British Pound has recovered some ground following US releases today, pushing GBP/USD to the 1.2980/85 band albeit deflating to the 1.2970 area soo
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