The GBP/USD pair extended its relief rally at the beginning of the day but was unable to hold on to gains, as UK data disappointed, while more politicians resigned in protest at PM May's softer-Brexit plan. UK Industrial Production fell 0.4% in May, against an expected 0.5%, while Manufacturing Production rose by just 0.4% vs. the 0.9% forecasted. The annual figures posted modest advances that fell short from market's expectations. The Goods Trade Balance posted a wider-than-expected deficit of £12.36B in the same month, while the GBP growth estimate, a new figure that will be released monthly basis from now on, ... (full story)