UK's November trade figures paint an interesting picture. The visible trade deficit widened to -23.711B GBP, overshooting expectations of -20.4B and deteriorating from October's -22.542B. Meanwhile, the overall trade balance came in at -1.349B GBP, better than the forecast of -1.6B but still below September's -4.824B GBP.

The gap between estimates and actual numbers signals continued economic pressure. When headline deficits miss expectations to the downside, it often ripples through currency markets and risk sentiment—something traders across traditional finance and crypto markets tend to monitor closely.