At 08:00 (GMT+2), the UK will publish the June house price index from one of the country’s largest mortgage lenders, Halifax Bank plc. The index is calculated based on a sample of mortgage data covering approximately 15.0K monthly residential property purchases, allowing for analysis of the strength of the market and the economy. If it continues its downward trend from minus 0.1% MoM and from 0.5% YoY, this would put pressure on the pound’s position.
