The Pound has made considerable gains against the Dollar and reached a fresh 8 week high at 1.5189. The Manufacturing PMI came out 57.5 worse than expected 57.6. Trading above the support level of 1.5120 keeps the momentum positive for the pair. Overall, GBP/USD traded with a low of 1.4871 and with a high of 1.589. Today, the Construction PMI is expected at 58.6 vs. 58.5 previously.
GBP/USD - Last: 1.5179