United Kingdom Markit Manufacturing PMI registered at 55.5 above expectations (51.3) in October

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Nov 2, 2015

EUR/GBP drops ahead of UK data

The buying interest on the GBP spiked, pushing the EUR/GBP pair into losses ahead of the data in the UK, which could show the manufacturing activity growth slowed down slightly in October.

GBP/USD nears 1.55, takes out 100-DMA

The GBP/USD pair jumped to 1.5497 levels after the data in the UK showed the manufacturing activity regained pace in October.