UK Consumer sentiment still deeply negative, but best in 17 months | Forexlive

UK Consumer sentiment hit its highest level since January 2022

• headline confidence index rose for the fifth month in
  a row to -24 in June from -27 in May
• GfK’s said consumers were showing “remarkable resilience” in the face of
  price rises that have proven more enduring than initially
  thought.
  “If consumers continue to weather the current economic
  storm, then this will provide a firm foundation for getting back
  to growth,”

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On Thursday we had a whopping 50bp rate hike from the Bank of England:

Analysts are expecting rates to rise even more: