The key services data of the morning
UK services PMI always keenly awaited as the sector is such a large contributor to GDP
Expectations: Services 56.0 vs 55.6 prev.
Composite 54.9 vs 55.1 prev
I don't expect any positive news from this and the market seems to be thinking the same going into the release
So the risk will be to the top side on better data if the market is already short
GBPUSD has good offers into 1.5250 still then 1.5280-1.5300 and demand between 1.5185-1.5200.
EURGBP has offers right here at 0.7400 then more into a key level around 0.7420. Support at 0.7375 and 0.7350
Currently 1.5226 and 0.7394
