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UK: Public Sector Net Borrowing grows to £10.535B in May

FXstreet.com (Barcelona) - The amount of new debt held by the UK governments increased to £10.535B in May, from £6.623B recorded in April, according to data released by National Statistics. Analysts expected a rise to £13.750B.

UK Public Sector Net Borrowing increase to £10.535B in May from £6.623B in April

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EUR/GBP rallies higher

The EUR/GBP technical cross collapsed below support Thursday, having destabilized towards session lows during European trading.
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