[Outlook] London FX Outlook: Pound and UK Data Including Monthly GDP in Focus; Inflation Risks from Higher Oil Prices Also Watched

The story

The outlook for the London market suggests that the pound's movements are likely to be in focus, with UK data such as monthly GDP also expected to attract attention.

At the same time, concerns are expected to rise that higher oil prices could increase inflationary pressure.

Investors will therefore follow future reports on the timing of UK economic data releases and their impact.

At a glance

CurrencyThe pound's movements are expected to be in focus

IndicatorUK data, including monthly GDP, is expected to attract attention

Crude oilRising oil prices are raising concerns about inflation

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