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Pound Edges Higher, Services PMI Beats Estimate

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 5, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    GBP/USD has ticked higher on Wednesday, following sharp losses in the Tuesday session. In the North American session, the pair is trading at 1.2750. On the release front, British Services PMI pointed to slight expansion in the services sector, with a reading of 52.6. This beat the forecast of 52.1.[​IMG]

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