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Written by DailyFX Research Team

Fundamentals continue to favor the UK economy with an upbeat GDP printing supporting the longest pound rally in more then a year.  Looking to next week traders await readings on the British housing market and M4 money supply.

UK Fundamentals:

Next 24 Hours: (7/22)

 

     Rightmove House Prices (MoM) (MAY)

Survey:      0.8%

Previous:   0.7%

 

Rightmove House Prices (YoY) (MAY)

Survey:      11.2%

Previous:   13.2%

 

Last 24 Hours:

 

     GDP (QoQ) (2QA)

Actual:      0.8%

Previous:   0.7%

 

GDP (YoY) (2QA)

Actual:      3.0%

Previous:   3.0%

 

Index of Services

Actual:      0.9%

Previous:   1.0%

 

See Daily FX Weekly Calendar for further insight.