GBP/USD has recovered after upbeat UK PMIs and some dollar weakness. Brexit and coronavirus headlines may shape trading in additional data, Yohay Elam from FXStreet briefs. Key quotes “The ‘Boris Bounce’ is alive but not kicking – Markit’s preliminary Manufacturing Purchasing Managers’ Index for February leaped to 51.9 points, indicating a return to growth in the beaten sector. The Services PMI came out at 53.3, a tad below 53.4 and also pointing to growth.” “Sterling traders remain wary of Brexit, just over a week before official talks on future relations begin. Comments from both officials in Brussels – busy trying to fill the hole Britain leaves in the bloc’s budget – and London, may move markets.” “In the US, data continues beating expectations. The Philly Fed Manufacturing Index came out at 36.7 points in February, smashing estimates. Markit’s PMIs are due out later on and may extend the positive trend.” “Coronavirus concerns may also boost the safe-haven US dollar. Confusion about Chinese statistics has led investors to worry about its neighbors – Japan and South Korea. Seoul has reported over 200 cases, including one in a military base.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Bitcoin Price Analysis: BTC bulls may hit a brick wall on approach to $9,800 FX Street 2 years GBP/USD has recovered after upbeat UK PMIs and some dollar weakness. Brexit and coronavirus headlines may shape trading in additional data, Yohay Elam from FXStreet briefs. Key quotes “The ‘Boris Bounce’ is alive but not kicking – Markit's preliminary Manufacturing Purchasing Managers' Index for February leaped to 51.9 points, indicating a return to growth in the beaten sector. The Services PMI came out at 53.3, a tad below 53.4 and also pointing to growth.” “Sterling traders remain wary of Brexit, just over a week before official talks on future relations begin. Comments from both officials in Brussels – busy trying… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.