UK Nationwide June house price index 29 June 2016
- +0.2% prev
- yy NSA +5.1% vs +4.9% exp vs +4.7% prev
Stronger house price data but the pound has a different agenda right now.
Nationwide adds:
- too early to assess impact of Brexit
- lack of homes will provide underlying support for prices even if demand softens
GBPUSD down to 1.3295 in a rush as GBPJPY sellers prevail.
