Poor economic data once again the bane for sterling - ConsultFX

Poor economic data once again the bane for sterling

GBP/USD trades to a session low of 1.3365 after the release of factory output data The figures are rather poor and continues to highlight the soft patch experienced by the UK economy. Cable is now trading at 1.3367 and is near the lows after the data release, while the FTSE is up to session highs