UK Manufacturing PMI climbed to 57.3 in December vs. 55.9 expected. Services PMI in the UK fell to 49.9 in December vs. 50.5 anticipated. GBP/USD seemed rather unaffected and held stead near the 1.3500. The UK manufacturing and services sector activities showed mixed performance in December, the preliminary report from IHS Markit showed this Wednesday. The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) jumped to a 37-month high level of 57.3 in December. The reading surpassed consensus estimates pointing to a modest uptick to 55.9 from 55.6 previous. Meanwhile, the flash UK Services Business Activity Index for December remained in the contraction territory and came in at 49.9 versus November’s final reading of 47.6 and 50.5 expected. FX implications The mixed UK Preliminary Manufacturing and Services PMIs did little to influence the British pound, which remained well supported by the latest optimism over the possibility of a last-minute Brexit deal. In fact, the GBP/USD pair was last seen hovering near the top end of its daily trading range, around the key 1.3500 psychological mark. 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 USD/CNH slips toward the 2016 and 2017 lows at 6.4437/17 – Commerzbank FX Street 2 years UK Manufacturing PMI climbed to 57.3 in December vs. 55.9 expected. Services PMI in the UK fell to 49.9 in December vs. 50.5 anticipated. GBP/USD seemed rather unaffected and held stead near the 1.3500. The UK manufacturing and services sector activities showed mixed performance in December, the preliminary report from IHS Markit showed this Wednesday. The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) jumped to a 37-month high level of 57.3 in December. The reading surpassed consensus estimates pointing to a modest uptick to 55.9 from 55.6 previous. Meanwhile, the flash UK Services Business Activity Index for… 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.
