At 08:00 (GMT+2), the UK will publish Industrial Production data for May. Industrial Production gauges the change in the total inflation-adjusted value of output manufacturers, quarries, and utilities produced. The indicator takes into account the manufacturing and mining industries, as well as the power industry. If the indicator continues its downward trend from –0.6% on a monthly basis and from –0.3% on an annual basis, this will put pressure on the pound.
