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UK Services PMI | Reaction in GBP

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 3, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    UK Services PMI will be released today9:30am GMT. Any decent deviation in the data will cause a reaction in pound.However given the pounds recent resilience and cable at multiyear lows, asignificant miss may be needed to convince traders to continue selling GBP atits current levels. Description The Services Purchasing Managers’ Index isa diffusion index based on surveyed purchasing managers in the servicesindustry. The survey asks purchasing manager respondents to rate the

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