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UK: Goods trade deficit narrows more than expected in February

FXstreet.com (Barcelona) - UK Goods trade deficit narrowed to £9.416 billion in February from £8.168 billion in January, according to data released today by National Statistics. Analysts expected the deficit to narrow only to £8.550 billion.

UK Trade deficit non-EU widened to £4.276 billion in February from £3.380 billion in January, and against expectations of widening only to £3.650 billion. Total Trade deficit widened to £3.642 billion from £2.494 billion.

Forex: GBP/USD testing 1.5300 level

The GBP/USD has jumped to fresh highs Tuesday, on the heels of mixed economic data out of the UK. The cross is presently testing the 1.5300 level in these moments, recording an advance of nearly +0.25%.
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Forex: GBP/JPY recovers the mark of 151.33/41

The GBP/JPY has edged higher in recent moments, paring the majority of its losses from the 150.56 level (session low). Following the publication of a recent tranche of economic indicators out of the United Kingdom, the pair has recovered the mark of 151.33/41 at the time of writing during European trading, operating just -0.08% today.
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