A slightly better than expected outcome for the UK services sector: a score of 53.8. This is not a huge surprise, but still somewhat encouraging. GBP/USD is edging higher, trading around 1.3240. Tension remains high towards the decision from the Bank of England. The level of uncertainty is quite high amid the conflicting messages from Governor Mark Carney. Update: BOE votes 6:2 against a hike – GBP crashes Update: the pair extends its gains and reaches 1.3267. Is the pound front-running the BOE? The surprise in the services PMI was not that huge. Markit was expected to report a minor uptick in activity in the services sector: a score of 53.6 against 53.4 in the purchasing managers’ survey for July. GBP/USD was trading steadily in range, around 1.3230. Resistance awaits at 1.3250, followed by 1.33. Support is at 1.3120. Earlier this week, the manufacturing PMI surprised to the upside while construction disappointed. The services sector is the largest in the UK. The big event for today and this week is the BOE decision. GBP: Markets To Focus On BoE Vote Count On Thurs; What To Expect? – Credit Suisse Will the BOE send GBP higher? 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 Elliott Wave Analysis: AUDUSD Daily and 4H Look Gregor Horvat 6 years A slightly better than expected outcome for the UK services sector: a score of 53.8. This is not a huge surprise, but still somewhat encouraging. GBP/USD is edging higher, trading around 1.3240. Tension remains high towards the decision from the Bank of England. The level of uncertainty is quite high amid the conflicting messages from Governor Mark Carney. Update: BOE votes 6:2 against a hike - GBP crashes Update: the pair extends its gains and reaches 1.3267. Is the pound front-running the BOE? The surprise in the services PMI was not that huge. Markit was expected to report a minor… 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.
