UK Markit/CIPS services PMI final july: 60.2 vs 57.2 exp

Author: Mike Paterson | Category: News
  • 56.9 prev
  • highest since dec 2006
  • comp PMI 59.5 vs 56.1

Well it was certainly a better than expected number !

GBPUSD 1.5355 from 1.5325

EURGBP lower at 0.8651

Let’s see what fresh legs it gets in a second wave

Add: 1.5366 high post in second/third wave buying but now 1.5351 again. Market was definitely long.

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