United Kingdom NIESR GDP Estimate (3M) dipped from previous 0.6% to 0.4% in May

US Dollar (USD) could edge higher, but any advance is likely limited to a test of 7.2070. In the longer run, USD has likely moved into a 7.1620/7.2200 range trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.