FXstreet.com (Barcelona) - Consumer lending rose by GBP414 million in June, down from revised GBP485 million increase in May, June's record mars the shortest increase on consumer lending since records began in 1993, according to data released by the Bank of England.
The main reason for such low increase on lending has been the low growth on consumer credit, GBP71 million increase, down from the GBP153 million in May. Mortgage lending grew by GBP343 million, right above May's record low at GBP331 million.
GBP/USD has remained little moved after consumer lending news, trading at intra-week lows between 1.6355 and 1.6390.
GBP/USD (Jul 29 at 10:39 GMT)
H 1.6469 L 1.6344
| S3 | S2 | S1 | R1 | R2 | R3 |
| 1.6293 | 1.6334 | 1.6375 | 1.6395 | 1.6436 | 1.6477 |
| [?]Trend Index | [?]OB/OS Index |
| Slightly Bullish | Neutral |
| Data updated on Jul 29 at 10:35 (15-minute timeframe) |
[ View GBP/USD Technical Studies ]
