Main data risk event of the morning approaching at 09.30 GMT
Expectations 55.0 vs 54.9 prev.. Composite 55.0 vs 55.4 prev
Note that the services sector accounts for around 80% of UK GDP so it's a key release
Given the softer mftg and construction PMI data this week I can't see any positive news coming here but if the bad news is factored in then the risk would be to the upside.
Sell GBP rallies though still
