British Pound Breaking News: GBP/USD Indifferent After PMI Miss

  • 📰 DailyFX
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

After a poor showing on the services front since late October last year due to COVID-19 restrictions around the Omicron variant, PMI’s have extended their decline across the board. Get your market update from WVenketas here:

Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits.

We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. FX PUBLICATIONS IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS.

FX Publications Inc is registered with the Commodities Futures Trading Commission as a Guaranteed Introducing Broker and is a member of the National Futures Association . Registered Address: 32 Old Slip, Suite 803; New York, NY 10005. FX Publications Inc is a subsidiary of IG US Holdings, Inc

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 305. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GBP/USD Price Analysis: Bears eye a trip to 1.3450 as per weekly chartGBP/USD's W-formation could see the price continue to correct for the week ahead which puts an emphasis towards 1.3450: GBP/USD weekly chart The W-for
Source: FXStreetNews - 🏆 14. / 72 Read more »

GBP/USD seesaws around 1.3550 on UK’s political, Brexit risks ahead of PMI dataGBP/USD struggles to keep corrective pullback from the 100-DMA, seesaws around 1.3550 heading into Monday’s London open. In doing so, the cable pair f
Source: FXStreetNews - 🏆 14. / 72 Read more »

GBP/USD looks to a potential drop to 1.3500 – UOBIn opinion of FX Strategists at UOB Group, GBP/USD could still grind lower to the 1.3500 region in the near term. Key Quotes 24-hour view: “We expecte
Source: FXStreetNews - 🏆 14. / 72 Read more »

GBP/USD remains depressed near two-week low, around 1.3535 area post-UK PMIsThe GBP/USD pair remained depressed through the early part of the European session and was last seen trading near a two-week low, around the 1.3535 re
Source: FXStreetNews - 🏆 14. / 72 Read more »

GBP/USD Forex Signal: Bears PrevailThe GBP/USD pair downward trend continued on Monday as investors reacted to the overall risk-off sentiment and the weak UK retail sales data.
Source: Daily_Forex - 🏆 567. / 51 Read more »

EUR/USD: Downtrend to resume on a break below support at 1.1272 – Credit SuisseEUR/USD has failed to build on Friday's modest recovery gains and started to edge lower toward 1.1300 at the start of the week. Analysts at Credit Su
Source: FXStreetNews - 🏆 14. / 72 Read more »