That rise in October seems like a one-off: the UK manufacturing sector is back to were it was: a score of 52.7 points in November, compounded with a downwards revision of October’s number to 55.2 points. GBP/USD slips from the highs and reaches 1.5084. Markit was expected to report a slide in the purchasing managers’ index for the manufacturing sector in the UK, from 55.5 to 53.6 points now for November. GBP/USD traded around 1.51 towards the release. Cable had recovered from the lows of just under 1.50, that were fueled by end-of-month flows as well as USD strength. The greenback is now weakening across the board. Later this week we’ll have the release of construction PMI (tomorrow) and the services PMI on Thursday. The BOE meets to make its decision only next week. Today’s public appearance from Mark Carney didn’t provide any big headlines. Support awaits at 1.5060 and 1.50. Resistance at 1.5160, 1.52 and 1.5250. More: GBP/USD sell the rallies In this week’s podcast we guide you through the upcoming storm: ECB, NFP, OPEC and more Follow us on Sticher or on iTunes Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Forex Crunch Key Metrics – November 2015 Yohay Elam 7 years That rise in October seems like a one-off: the UK manufacturing sector is back to were it was: a score of 52.7 points in November, compounded with a downwards revision of October's number to 55.2 points. GBP/USD slips from the highs and reaches 1.5084. Markit was expected to report a slide in the purchasing managers' index for the manufacturing sector in the UK, from 55.5 to 53.6 points now for November. GBP/USD traded around 1.51 towards the release. Cable had recovered from the lows of just under 1.50, that were fueled by end-of-month flows as well as USD strength. The… 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.
