UK May 2018 overall production data on 10.07.2018
- prior -0.8%, revised to -1.0%
- IP YoY 0.8% vs 1.9% exp, prior 1.8%, revised to 1.6%
- Manufacturing production MoM 0.4% vs 0.9% exp, prior -1.4%, revised to -1.3%
- MP YoY 1.1% vs 1.9% exp, prior 1.4%, revised to 0.9%
- Construction output MoM 2.9% vs 0.4% exp, prior 0.5%
- CO YoY % 1.6vs -0.5% exp, prior -3.3%, revised to -1.2%
Smalls weaker numbers and revisions, barring construction. Cable triggered stops through 1.3300 prior to the numbers, now trades back at 1.3270
I’m small short this rally with a stop at 1.3310
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