UK Markit/CIPS March mftg PMI data now out 3 April

  • 55.0 prev revised down from 55.2

Better than expected, although softer revision, but not key data given a) it's only PMI and b) mftg not a big contributor to UK GDP.

Algos still helping to push GBPUSD a tad higher again but failing around 1.4090 again with decent sell interest around 1.4100 and EURGBP refuses to give up on 0.8750 defence.