The Net Lending to Individuals data is expected to be positive and push up the GBP today. The data will be released at 8:30 am GMT. The forecast is 1.0B which indicates a rising debt level and it is a sign that lenders feel comfortable issuing loans, and that consumers are confident in their financial position and eager to spend money.
Current price of GBP/USD 1.6445 and a rally up to a level of 1.6500 could be seen after the data is released.
