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Pound Hits 7-Week High as Services PMI Jumps

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    GBP/USD has started the trading week with slight gains, punching above the 1.33 level. In Monday's North American session, the pair is trading at 1.3330. On the release front, British Services PMI improved to 52.9 points, beating expectations. As well, the BRC Shop Price Index posted a decline of 2.0%.[​IMG]

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