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Thomson Reuters
Apr 03 - 07:24 AM
GBP/USD - UK Service PMI Might Gatecrash Sterling's Brexit Party
First appeared on eFXplus on Apr 03 - 04:15 AM
  • GBP may react to UK March service sector PMI at 0830GMT, 50.9 f/c
  • Miss could deflate GBP after its early Europe gains on soft Brexit hope
  • See: nL1N21L04H. Service sector is dominant segment of UK economy
  • 1.3150 (Monday's high) is now a cable support level. 1.3125 was Asia low
  • UK March manufacturing PMI jumped to 55.1 on stockpiling frenzy nL8N21J3P6
  • Construction PMI came in below 50 for second month running nL8N21K2CC

GBPUSD: Click here

Source:
Thomson Reuters IFR Markets

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