Latest British Banking Association mortgage data now out
- 45,463 prev
- yy +20%
- net mortgage lending +£1.67bln vs +2bln prev
- net credit card lending +£318mln vs +149mln
Mortgage approvals down reflecting recent softer housing data, albeit still stronger on the year, but credit card borrowing gives cause for concern again
GBPUSD currently 1.4885 after failing to hold above 1.4900 and falling back to test support into 1.4865
